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

To: Ram Seetharaman who wrote (2689)	10/20/1999 8:16:00 AM
From: William B. Kohn	Read Replies (2) \| Respond to of 3646

To those that are long, congratulations on yesterday's rise. Having seen that momentum, I'm surprised. A few weeks ago, everyone here (save me) was talking about PTC surpassing $50MM in Windchill revenues for the quarter, they did not. The news was good, I guess only in that they seem to have stabilized the ship, and it may not be sinking. As you can see I still am not convinced that this is as bullish a situation as some of you think. Although, according to RAM I'll be wrong today... I still believe that 10 comes before 20 in this equity, and that the majority of the current rise will have occurred yesterday and probably early this morning. You could easily sell at the stable price reached this morning and buy back between 10 and 20 % below that number in the coming days or weeks. Isn't it nice to have a contrarian around in the face of all this rampant bullishness. BK