PTC Message Board - Msg: 12454578

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Technology Stocks : PTC

PTC 175.99

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Nov 7 3:59 PM EST

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To: Box-By-The-Riviera™ who wrote (3031)	1/4/2000 5:35:00 AM
From: Box-By-The-Riviera™	of 3646

3 Jan 20:11 WALTHAM, Mass. (Dow Jones)--Parametric Technology Corp. (PMTC) expects to report first quarter results below analysts' expectations, with earnings between 4 cents a share and 6 cents a share, including 2 cents a share in amortization charges. In a press release Monday, the company also said it expects first quarter revenue for the period ended Jan. 1 to be 12% below a Wall Street consensus estimate of $274 million. A First Call/Thomson Financial survey of 10 analysts produced a mean earnings estimate of 15 cents a share for the company's first quarter. The company said first quarter revenue from MCAD licenses fell short of expectations, adding that its sales force in the first quarter focused on its Windchill product line. First quarter revenue from its Windchill product line was $38 million, compared with $4.9 million in the year-ago quarter. In the year-ago first quarter, Parametric earned $42.7 million, or 16 cents a diluted share excluding items, on revenue of $250.1 million. Parametric, which provides manufacturing software and related services, plans to report first quarter results on Jan. 18 before the market opens. -John Seward; Dow Jones Newswires; 201-938-5400

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