Mark,
It could indeed be the PCM...
The gauges themselves are controlled by a computer on the back of the instrument cluster. The instrument cluster gets told what to put on the gauges by messages it receives from the PCM over a communications network (the Chrysler CCD bus). The PCM in turn gets oil pressure and temperature information from the ECM over the same network.
So assuming the dealer has determined nothing is wrong with the oil pressure or coolant temp sensors, the communications network or the instrument cluster, it's not unreasonable to conclude something must be wrong with the PCM.
Good luck!
John L.