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Technology Stocks : RATIONAL SOFTWARE- BUY OR HOLD

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To: Thomas Haegin who wrote (2811)2/1/1999 4:38:00 PM
From: Randy Ellingson  Read Replies (1) of 3115
 
nice news, this ERICY deal! I must say, I have completely forgotten about it, it was beaten to death some 12 or 18 months ago already, especially on the Yahoo board.

RATL still in high gear as of today; the stock closed at a 52 week high of 34 1/2. Who would have believed this on that smelly day in October of 1997 and the days which followed, when the stock went from >22 in September to <10 in October?

The all-time high is about 43, set in November of 1996, before I had ever heard of this company. Something tells me that given a couple more years, or maybe three, buying and holding on that day will still have yielded a market-beating return. If so, anyone buying today and holding will also see healthy returns.

It will of course be interesting to see what lies ahead for the company and its stock.

Randy
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