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To: Edwarda who wrote (9320)4/7/2000 2:01:00 PM
From: EL KABONG!!!  Read Replies (1) | Respond to of 12810
 
Edwarda,

Ah, PMTC... A stock I know a little something about.

Our investment club looked at PMTC a little over two years ago now. A very nice company, which at that time appeared to be fairly well run. The problem (back then) wasn't with the company's fundamentals; rather it was the price that investors had bid it up to. Given this week's earnings/revenues warning from PMTC executives, the recent price slide shouldn't come as a surprise to anyone. How long to recover? I doubt that one or two better quarters will do it, but in this crazy market one never knows for sure.

KJC