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Technology Stocks : PTC
PTC 174.98+0.7%10:21 AM EST

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To: art slott who wrote (3302)4/6/2000 11:03:00 AM
From: Ram Seetharaman  Read Replies (1) of 3646
 
WISE move to scoop up PMTC at $ 10+. Stock oversold! My reason, why they would be back over $ 20+ is they have been there before. If the market felt they were worth $ 20 - 30, then they will get back there, once they execute good results (which the market foresaw!), which may be months off - but I don't see why they can't execute it. Economy is still in very good shape and growing in the US and abroad. Eventually they should be able to improve sales and profits. Till then, the patient ones(like me) will have to sit tight.
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