Pure Atria Corp(PASW) and Rational(RATL) Merger Message Board

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Technology Stocks : Pure Atria Corp(PASW) and Rational(RATL) Merger

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To: Randy Ellingson who wrote (141)	7/24/1997 10:50:00 PM
From: jim detwiler	of 147

Here it isú ú Rational's backlog shrunk during the quarter, which is in keeping with historical seasonality (the F1Q represents the Company's most seasonally challenging period). ú Pure Atria bookings strengthened appreciably on both a sequential and a yr/yr basis. However, management also noted that the Pure Atria sales organization was not aggressive about recognizing revenue during the month of June. It is important to note that Pure Atria is not obligated to report its June financials (provided the merger closes by August 15). Thus, we believe Pure Atria's management may have placed much greater emphasis on building backlog during the June quarter heading into the merger rather than on generating top-line growth. ú

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