AutoDesk ADSK

Another stock that has been having a rough summer is Autodesk.  In May, they were above $45.  Today, they are around $27.  Autodesk, the maker of AutoCAD, has huge market share.  They are also investing a lot in mobile platforms for the ipad and iphone, plus they have created a cloud where users can enjoy working on their drawings from anywhere.  As an engineer, I REALLY appreciate everyone of these upgrades.  at a P/E of 26, I believe this is a bargain as compared to other software companies in the design world.

I'm in for 20 shares.