PTC Message Board - Msg: 11494685

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Technology Stocks : PTC

PTC 170.10

-2.4%

Jan 2 9:30 AM EST

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To: William B. Kohn who wrote (2616)	10/9/1999 9:25:00 AM
From: Ram Seetharaman	of 3646

Kohn: I said "The Labor Dept. put out that the wage increase is offset by productivity gains. Where does productivity gain come from? By automating with tools like what PMTC sells!". I did not say all the productivity gains are because of PMTC. The gains are due to "tools like what PMTC sells". This includes your DUSTY , SDRC, MSFT and a whole cadre of software vendors who have helped to automate businesses. So my statements are not preposterous. If you had said PMTC is "fairly valued" now (due to your negativity!)your statements would have more credibility. You are so bent upon PMTC hitting $ 8, which we don't see happening. PMTC has the lion's share, in its business and over the long term, due to customer loyalty and repeat business their revenues and profits are only going to grow. They have also made some strategic acquisitions, which in the next few quarters will add to their bottom line. While PMTC may see some volatility till the end of 1999, from the middle of 2000 and beyond, it will be back as a growth stock or at the worst it will be bought out for at least $ 20 a share.

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