PTC Message Board - Msg: 12605861

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Technology Stocks : PTC

PTC 175.99

+1.2%

Nov 7 9:30 AM EST

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To: Edwarda who wrote (3153)	1/18/2000 7:23:00 PM
From: Bob Howarth	Read Replies (1) of 3646

Folks, I hate to weigh in bearish, but I think we all heard the confusion and lack of clear direction. I thought I was listening to a XEROX CC, where the sales manager etc is so crucial. This is a very old and decrepit business model. I think this company may be in serious trouble. What is saving the stock price is that the ARBA's of the world (a company I seriously respect) don't need to show any earnings for 2 years. I doubt if this will continue. The MSFT's and CSCO's of the world had to fight for earnings quarter by quarter to get to where they are today. This 'no earnings' phenomena has very little life left, IMHO. My PMTC price target is 13-15 in next 3 months.

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