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

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To: Imran who wrote (9)4/8/1997 1:35:00 AM
From: Philip H. Lee   of 147
 
Bought a little RATL today at 13 1/4.

I think the Street has discounted almost all of the potential negatives. Rational is still the leader in software development tools, and Pure Atria is a leader in software testing tools. Since it's the leader, Rational won't suffer that much from the Rational Rose delay announced a few months ago. I was considering PASW, but RATL is the better company.

Can't believe I sold out of RATL at 36 and PASW at 27 not so long ago on valuation/growth concerns. When it comes to software stocks, you can't afford to hesitate when fundamentals change and it's time to sell. I've learned that the hard way before.

Philip
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