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Watch for Pin Action Off Parametric

By Jim Cramer

 About this article:
 Go back six years, and you will see the type of statements you got last night from Parametric Tech. That's right. You have to go back six years to see much better than expected earnings from this software maker that helps companies manage pretty much anything. It's one of those amorphous companies that makes automated solutions for industries as varied as automobiles, aerospace and footwear. I always think of this company as part of a complex that is QLogic, Emulex and Brocade. I know that the puritans will not agree with that because this is more of an Autodesk /Ansys play. But I remember when Parametric would wag all of these stocks. The market for hard-to-understand-what-they-do techs -- and we have a ton of them -- is on fire. That's often a sign that sector money is sloshing in to own the hottest stocks. This is hot money...

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