Even after Meltdown Monday, micro software companies were a good home for investors’ cash in 1987 according to Softletter, published from Cambridge, Massachusetts. Best place of all was Adobe Systems, which appreciated 131% over 1987 to $29.50, and Microsoft was close behind, putting on 124%. Lotus Development, Autodesk, Micropro, Samna, Innovative, Software Publishing and Ashton-Tate, in that order, all made investors money, but the over-hyped Aldus Corp, which went public at $20 in June and soared to $26, ended up off 12.5% at $17.50.
US SOFTWARE FIRMS GIVE HOLDERS GOOD RETURN
