PTC Shareholders: We Is Happy

PTC Q3 revenues down 17%? No problem.

PTC profit drops 74%? No worries.

Annual revenues falling even lower? Be happy.

That was the message share owners gave Parametric Technology, as the price recovered in a single day from the shedload of bad news issued after the markets closed on Jul 28:

Maybe it was all the happy talk of dominoes and dominating the CAD market through WindChill.

But can you think of which trad marketing message went missing in this call? 

Ans: The Grand Unified Theory. You know, the one where only PTC has a single CAD program to meet everyone's need (well, except for the home hobbyist). 

It is normal for a public company to hammer repeatedly a single marketing message to financial analysts. It's a kind of a "What this company stands for" statement.

It fascinates me when the marketing message changes. What was once so-o-o important, no longer is.

Also invisible during the call: CoCreate.

Comments

[anonymous]

Yes, it is a little concerning that CoCreate wasn't mentioned in the call. I listened to the call and continue to be worried that PTC is again going to neglect CAD and poor all resources and mgmt focus into windchill.

[Stop The Rant, India]

Ralph, you should sign all your posts about PTC with a tag line "I HATE PTC". It would set up the context for your nonsensical rants about PTC's this and PTC that. Nearly every CAD company (maybe ever public co?) does what you accuse PTC of - presenting their business in the most favorable and positive way. Its no different at Autodesk or Dassault.

Contrast it with your rather glowing portrayal of the companies you visited recently - Graebert - and one wonders whether 'paying for visiting' skews your views?

[Jon Banquer]

No CAM for CoCreate is one big reason that it lags and will continue to lag. Making CoCreate work with Pro/Toolmaker isn't an answer it's a bad joke.

Jon Banquer
San Diego, CA
http://jonbanquer.wordpress.com/