(As of 9/19/99) ANALYSTS? CONSENSUS: Buy/Hold Wall Street analysts currently consider the shares of Parametric Technology a "Buy/Hold." Covered by 10 Wall Street professionals, the weighted consensus ranking or AQO is 0.95. This lies inside the .75 and .999 AQO range designated for a "Buy/Hold" recommendation. Noticing that the S&P 500 is now reporting the AQO of the general market at 0.94, these shares are considered likely to maintain a performance close to the broader market. In both this year and next, Parametric Technology will see earnings grow, according to financial analysts' estimates. Currently, analysts expect earnings of $0.63 per share in 1999 and earnings of $0.94 per share in 2000. This represents a rise of 65.8% over last year's earnings of $0.38 per share, and another increase of 49.2% in 2000. Wall Street observers forecast the S&P 500 will show an increase in earnings in 1999 of about 26.67% and will rise 9.85% in 2000. Considering the growth foreseen for the S&P 500 in conjunction with the forecast, Parametric Technology's earnings are expected to see a growth rate that is stronger than the rate of growth anticipated for the broad market in both 1999 and 2000. Parametric Technology is expected by analysts to record earnings of $0.17 per share in the fourth quarter. This estimate represents no change from the prior month and indicates that analysts still expect improvement over the prior year's fourth quarter loss of $-0.17 per share. Confidence by the investment community in the forecast of earnings for Parametric Technology is very high. There is a much lower deviation in the consensus estimate for the company than for the market as a whole and any significant variation of actual results from expectations could have a very adverse effect on the price of company shares. ACE CONSENSUS ESTIMATES M MU UL LT TE EX X. .C CO OM M, , I IN NC C. . PMTC September 19, 1999 Parametric Technology Corp. Average Qualitative Opinion = This Report is derived from Multex ACE, the premier Wall Street Analyst Consensus Estimates and Recommendations Database with 3,500 Contributing Analysts covering 7,500 public companies. A glossary of terms and abbreviations used in this report is available at multex.com 0.95 3 30 3 2 2 1 0 1 10 1 3 1 0 0 5 50 5 5 2 2 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 10 1 3 1 0 0 10 100 10 13 6 3 1 Buy Buy/Hold Hold Weak Hold Sell No Opinion Total No. of % of One Month Three Mos. Non-Ratings Total Prior Prior National Regional Broker Consensus Breakdown By National Firms By Regional Firms By Nonbroker Buy = >= 1.00 Buy/Hold = >=. 75 and < 1.00 Hold = >= .35 and < .75 Weak Hold = >= 0 and < .35 Sell = < 0 Buy Buy Hold |