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Strategies & Market Trends : Temp. Home of Cooperative Group-Trading

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To: DGG who wrote (488)7/8/1999 5:59:00 PM
From: Mad2  Read Replies (1) of 790
 
Here's what the street say's about PMTC
Among other chunky percentage movers, Parametric Technology (PMTC:Nasdaq) July 15 puts gained 11/16 ($68.75) to 2 3/4 ($275) on volume of 300 contracts. The stock was down at the same time, losing 1/2 to 12 1/2.

Parametric, an engineering software firm, plans to release third quarter earnings before the open on July 20 before the market opens. As for the earnings report, analysts generally seem to have some concern because of a lack of visibility for orders after some big deals apparently failed to close in the quarter. <b/>

Goldmans analyst Lauri Coniglario had orignally peged them at .18/share but cautions a 10 mil shortfall in revenue may knock that down to .16/share
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