No, inside the metal fittings are two concave surfaces that mate to the beveled edges of the ferrule. When you tighten the two metal fittings together, the ferrule gets squished in such a way that it snugs into the plastic line and creates a seal. This type of connection is also very common with soft copper tubing. You place the ferrule over the tube and have a little tubing sticking out (1/8" to 1/4"?). How much depends on the fitting, but usually not critical. Keep in mind that the fitting with the male threads goes on the tubing first before the ferrule.
What you were referring to is a flare fitting that is common on steel fuel and brake lines. I hope that helps.