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Technology Stocks : RATIONAL SOFTWARE- BUY OR HOLD
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To: denglund who wrote (3075)11/20/2000 11:39:25 PM
From: jbkelle  Read Replies (1) of 3115
 
Denglund, the only theory I have is that with it's super-high P/E at the top, it's multiple is being collapsed. I don't think there is anything fundamentally wrong with the company. I think it could go as low as the low-20's based on reasonable P/E for a fast growing stock, but I'm tempted to start buying some here. Note, My shares have a basis price of about $6/share, as I bought some time ago, and have taken my original investment x4 off the table over the last year or so. jbk
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