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Technology Stocks : PTC
PTC 175.99+1.2%Nov 7 9:30 AM EST
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To: Paul Lee who wrote (3062)1/4/2000 10:39:00 AM
From: Ram Seetharaman   of 3646
 
Windchill can change PMTC and usher PMTC into the .com world - and thus higher valuations. In the short term, however, it will be choppy. I don't foresee PMTC going over $ 35, this year, since the MCAD market is not going to change much. But by 2001, windchill would add sizable revenues to PMTC and it can see $ 50+, in late 2001. I see PMTC getting close to $ 25 by summer. The one thing that can change all this is a takeover of PMTC.

Boeing's endorsement of Windchill is a good sign. Future for windchill is good. PMTC should work on its sales/marketing effort for the next several quarters.
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