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Technology Stocks : PTC -- Ignore unavailable to you. Want to Upgrade?


To: jas cooper who wrote (2337)7/9/1999 10:18:00 AM
From: Paul Lee  Respond to of 3646
 
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To: jas cooper who wrote (2337)7/9/1999 10:34:00 AM
From: john dodson  Read Replies (2) | Respond to of 3646
 
Parametric Warns revenues and earnings will be lower than expected:

biz.yahoo.com

Since 0.19 was expected, 0.13-0.15 is 0.4 to 0.6 cents short of estimates. Yikes! This stinks to high heaven. Last week analysts and talk show dudes were saying PMTC is a "Strong buy". This week a profit and revenue warning. Man, the SEC is utterly powerless in these matters. These guys set up the tee and sock it to the little guy, while the SEC and every other "policing" organization just sit idly by. Ouch!

Honestly, was anyone expecting this?

-John



To: jas cooper who wrote (2337)7/9/1999 3:04:00 PM
From: Ram Seetharaman  Read Replies (2) | Respond to of 3646
 
Whatever, this weird PMTC is going up today on good volume, despite not meeting earnings expectations!