Cakewalk may or may not do what you want itself, but there are definitely DirectX plug-ins compatible with it that will do the job.
One to look at (among several others) is Arboretum Systems Ray Gun (list price is $99). There'll be a review of it in the April issue of EQ magazine....
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Mitch Gallagher
Editor
EQ magazine
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the poster formerly known as MitchG formerly known as EQ_Editor
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