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Technology Stocks : PTC
PTC 162.78+1.9%Feb 10 3:59 PM EST
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To: Hepps who wrote (2324)7/8/1999 8:56:00 AM
From: Bob Howarth  Read Replies (3) of 3646
 
A year ago today there were already lots of articles about WC. I believe they had at least a year before that as well. That is what I call a 'couple of years'. In the S/W development world, that is a century. They also bought a bunch of stuff instead of developing it themselves. What may have happened is that the requirements kept changing because leadership didn't really know what they were doing, and the product that exists today does not have enough meat to land the sales that we all expected by now.

I said I was speculating about the failing of the WC development team as the company tells analysts what is going on but never tells shareholders much of anything, as witness the GS post, and the typical every quarter recurrent SEC insider info complaint threats that get posted here.

If you have better explanations please post them as us 'longs' are really hurting with this stock. I will probably throw in the towel pretty soon, but will wait for CC I guess.

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