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Trading Halted in PTC After Earnings Warning
Posted Thu March 28, 2002 @12:38PM
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News Stock trading in Parametric Technology was halted yesterday after a severe drop in stock price due to a second quarter earnings warning.

Citing continued weakness in worldwide manufacturing, the Needham, Mass.-based company said it expects revenue for the second quarter ending March 30 to be about 5% to 10% lower than the $208 million consensus estimate.

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