PTC Message Board - Msg: 12463806

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Technology Stocks : PTC

PTC 175.99

+1.2%

Nov 7 9:30 AM EST

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To: Bob Howarth who wrote (3079)	1/4/2000 7:07:00 PM
From: Ram Seetharaman	of 3646

Sure things are crazy! During the Fall of 1998, it was the "Asian Flu" - there was some justification for the sell off and the Fed actually cut rates to spur the economy and the market! In January of 1999, there was a short one day sell off due to the spook of Brazil going down! Now - this is preposterous since, everything except the future interest rates is looking good. Low inflation, good growth, decent profits - but the pigs are dumping, and they will come back and but it all over again. I was impressed how PMTC stayed over $ 20 for good chunk of the day! It will be at $ 25 by summer, and if windchill adds a few surprises, it may even go to $ 30.

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