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Technology Stocks : RATIONAL SOFTWARE- BUY OR HOLD
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To: Randy Ellingson who wrote (2714)11/3/1998 3:20:00 AM
From: Thomas Haegin  Read Replies (2) of 3115
 
Randy,

while we enjoy the current upleg in the stock price, we should not lose sight of the fact that now the stock is way overbought and richly valued at $23, no matter how good the fundamentals. But I am not planning to sell anytime soon and would currently use any weakness to the former resistance at around $18 to add to the position.

Let's see if RATL IR will still reply to you :-)

Thomas
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