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

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To: Rich Benjamin who wrote (54)4/14/1997 3:47:00 PM
From: david decamp   of 147
 
I agree 100% with your assessment, but...

RATL is back up to 14 on the bid right now on 430K shares traded,
and PASW is still stuck down at 8 - 8 1/8 on almost a million
shares traded. I am utterly amazed, since PASW is still indexed
to .9 of a RATL share as long as the merger goes through.

I have heard nothing that would indicate this merger will not
take place for any reason. Do you (or any other thread lurker)
have any insight as to the discount? Could there be rumors being
floated that the deal will NOT go through, and the market makers
are just blissfully accumulating the PASW stock as people dump it?

Any thoughts would be appreciated.

Dave
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