MSC.Software's Best Friend (The Motley Fool)
13th Nov 2006, 23:28 GMT
The Motley Fool - A host of troubles, including delayed SEC filings, had kept MSC.Software (Nasdaq: MSCS - News) trading on the Pink Sheets. That all changed in August, when the enterprise software maker was able to meet the requirements to list on the Nasdaq. But life back in the big time got off to a rocky start when the company announced that the third quarter would be weak. That news sent the stock price plunging 13% and served as a reminder that despite much progress, MSC still needs time for its turnaround to work.
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