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Technology Stocks : PTC
PTC 157.35+1.0%10:57 AM EST

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To: JDN who wrote (2309)7/7/1999 10:37:00 AM
From: Bob Howarth  Read Replies (2) of 3646
 
Either in last CC or someplace else around that time it was stated that large orders wrt WC, perhaps from Airbus, should be announced by the end of this quarter. Seems like WC development team must have blown it. Seems like trouble until PTC can find some people to run the place as well as someone capable of running WC development team. Current folks are obviously blowing it. Perhaps this enterprise level stuff is simply too complex for the management to handle. There are plenty of JAVA server / WEB enabled enterprise applications being developed successfully (ie ARIBA that PTC actually uses). PTC simply does not have what it takes else it would have delivered WC by now. They have had a LONG (several year timeframe) period to get the job done but have failed.

I am sure you will now hear the Y2K excuse.

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