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To: Edwarda who wrote (2886)11/22/1999 10:40:00 AM
From: Paul Lee  Respond to of 3646
 
Timberjack Group Streamlines Global Component Selection
-- PTC's Windchill Sourcing Factor! Enables Component Standardization and Supply Chain Optimization to Generate Cost Savings --
WALTHAM, Mass.--(BUSINESS WIRE)--Nov. 22, 1999-- Parametric Technology Corporation (NASDAQ: PMTC - news) today announced Timberjack Group of Helsinki, Finland will use the Windchill Sourcing Factor! to standardize component selection and usage worldwide. Timberjack is the world's leading designer, manufacturer and distributor of forestry machinery, including harvesters, off-road-transportation, log handling and hauling equipment.

The Windchill Sourcing Factor! will enable Timberjack to efficiently consolidate and standardize the numerous internal component libraries and associated attributes that it has accumulated as a natural bi-product of its mergers and acquisitions. Timberjack views this initiative as being critical to remaining competitive in a global market. Having a common source for component information will assist in reducing procurement costs and streamline product development, delivery and support activities by ensuring that consistent information is available to all product participants.

''To support Timberjack's design anywhere, build anywhere vision, we must provide everyone involved with a common, accurate source of product information,'' said Tim Whitlock, system support manager at Timberjack. ''With 75 percent of product being provided by external suppliers and partners, it is critical that sourcing information is an integral part of the product definition and delivery. PTC's Windchill Factor! e-Series is the only solution we've seen that provides this breadth of capability.''

Over the course of the past 23 months, Timberjack has seen positive benefits from its investment in Pro/ENGINEER and is now poised to realize even greater returns with its global deployment of the Windchill Factor! e-Series. With products that are used for years, even decades, the Windchill Sourcing Factor! streamlines the maintenance of Timberjack's products by managing the complexity of product component and supplier history throughout the product lifecycle. By ensuring that customers are provided with the right component from the right supplier over the lifetime of the product, the Windchill Sourcing Factor! will help Timberjack sustain customer loyalty and encourage repeat business.



To: Edwarda who wrote (2886)11/22/1999 12:02:00 PM
From: Box-By-The-Riviera™  Read Replies (1) | Respond to of 3646
 
Another thing perhaps to consider:

If fed policy puts us back to the pre-asian crisis point....

then us markets one might argue are considerably even more top heavy than they were then...all other things being equal...hence any growth rate above 3.5 in the us economy without some remarkalble unanticipated effieciencies could be catastrophic to current views about valuation and the leading stocks....

additionally...if japan and europe are going to steam ahead....from a relative view...one could say the dollar stands to lose another round as money exits for those other perceived values relative to ours.... and of course the usual oil scare and extraneous junk...

Ok...that's it for bear crap. On with the bull.

J