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When I model a text through sketch and then export to dxf file, the texts cant be modified from autoCAD. Is there a workaround for this issue?
I can do it for annotations or notes but cant modify modeled texts.
Unless PTC changed it in Creo 3, then no - the sketched text in a model is converted to curves when it is part of a feature.
See http://communities.ptc.com/message/227892#227892 for a lengthy discussion.