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Strategies & Market Trends : The New Economy and its Winners

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To: Lizzie Tudor who wrote (13433)8/15/2002 10:05:24 AM
From: stockman_scott  Read Replies (1) of 57684
 
08:48 ET Rational Software looks cheap-- Soundview (RATL) 5.51: Soundview believes that many stocks in the software industry appear cheap even if one assumes that they face a future without growth; firm cites RATL as an example, which they say is so cheap that net of cash per share, the stock is trading at just 10x their likely normalized after-tax operating earnings even if one assumes the co will never be able to grow its top line from today's depressed rev levels.
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