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Technology Stocks : RATIONAL SOFTWARE- BUY OR HOLD

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To: Hans-Erik Eriksson who wrote (2944)7/14/1999 8:59:00 PM
From: Jay M. Harris  Read Replies (1) of 3115
 
Hans; one troubling number in the report is the level of deferred revenue growth on the balance sheet being flat at 76 mil from the prior quarter. This may reflect seasonal weakness,however, I would prefer rational grow this line item on the balance sheet (a rule from MSFT's playbook) rather than show upside to "lock in the linearity of growth observed in your note. All in all, a solid quarter...
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