<SUBMISSION>
<ACCESSION-NUMBER>0000857005-08-000005
<TYPE>4/A
<PUBLIC-DOCUMENT-COUNT>1
<PERIOD>20071109
<FILING-DATE>20080219
<DATE-OF-FILING-DATE-CHANGE>20080219
<ISSUER>
<COMPANY-DATA>
<CONFORMED-NAME>PARAMETRIC TECHNOLOGY CORP
<CIK>0000857005
<ASSIGNED-SIC>7372
<IRS-NUMBER>042866152
<STATE-OF-INCORPORATION>MA
<FISCAL-YEAR-END>0930
</COMPANY-DATA>
<BUSINESS-ADDRESS>
<STREET1>140 KENDRICK STREET
<CITY>NEEDHAM
<STATE>MA
<ZIP>02494
<PHONE>7813705000
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>140 KENDRICK STREET
<CITY>NEEDHAM
<STATE>MA
<ZIP>02494
</MAIL-ADDRESS>
</ISSUER>
<REPORTING-OWNER>
<OWNER-DATA>
<CONFORMED-NAME>MOSES CORNELIUS F III
<CIK>0001195652
</OWNER-DATA>
<FILING-VALUES>
<FORM-TYPE>4/A
<ACT>34
<FILE-NUMBER>000-18059
<FILM-NUMBER>08624973
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>AXCELIS TECHNOLOGIES INC
<CITY>BEVERLY
<STATE>MA
<ZIP>01915-1053
<PHONE>781-370-5000
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>C/O PARAMETRIC TECHNOLOGY CORPORATION
<STREET2>140 KENDRICK STREET
<CITY>NEEDHAM
<STATE>MA
<ZIP>02494
</MAIL-ADDRESS>
</REPORTING-OWNER>
<DOCUMENT>
<TYPE>4/A
<SEQUENCE>1
<FILENAME>moses02082008_ex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4/A</documentType>

    <periodOfReport>2007-11-09</periodOfReport>

    <dateOfOriginalSubmission>2007-11-13</dateOfOriginalSubmission>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0000857005</issuerCik>
        <issuerName>PARAMETRIC TECHNOLOGY CORP</issuerName>
        <issuerTradingSymbol>PMTC</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001195652</rptOwnerCik>
            <rptOwnerName>MOSES CORNELIUS F III</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O PARAMETRIC TECHNOLOGY CORPORATION</rptOwnerStreet1>
            <rptOwnerStreet2>140 KENDRICK STREET</rptOwnerStreet2>
            <rptOwnerCity>NEEDHAM</rptOwnerCity>
            <rptOwnerState>MA</rptOwnerState>
            <rptOwnerZipCode>02494</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>Chief Financial Officer, EVP</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2007-11-09</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>F</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>20774</value>
                    <footnoteId id="F1"/>
                </transactionShares>
                <transactionPricePerShare>
                    <value>18.20</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>301087</value>
                    <footnoteId id="F1"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">This Amendment to Form 4 is being filed to correct the number of shares tendered to the Issuer on 11/9/2007 to
 satisfy the tax withholding obligations of Reporting Person incurred in connection with the vesting of 26,666 shares of the
 Reporting Person's November 9, 2005 restricted stock award and 29,455 shares of the Reporting Person's November 3, 2006
 restricted stock award, and, correspondingly, to correct the number of securities beneficially owned by the Reporting
 Person following the reported transaction.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>Catherine Gorecki by power of attorney filed 11/2/2007</signatureName>
        <signatureDate>2008-02-19</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SUBMISSION>
