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

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To: Sul who wrote (4)4/7/1997 4:11:00 PM
From: NASDBULL   of 147
 
Well, it looks like RATL closed up strong and I predict that it will gap open higher in the AM. I was very surprised that PASW did not move up with it.

During the day I was trying to find a correlation between the two prices. All I know is that when RATL was trading in the 13.50+ range, PASW was trading around 10.75!

I find it odd that PASW didn't close up strong with RATL....

At current prices it looks like RATL would be buying PASW for a little over $12.00, yet PASW is trading 20% lower than that price!

If this holds RATL will fall even further!

Matt
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