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Technology Stocks : RATIONAL SOFTWARE- BUY OR HOLD -- Ignore unavailable to you. Want to Upgrade?


To: Kenwood Sun who wrote (2182)2/21/1998 2:56:00 PM
From: 5,17,37,5,101,...  Respond to of 3115
 
FEDERAL FILINGS

02/20 Insider Buys RATIONAL SOFTWARE CORP. Stock

FORM 4

ISSUER: RATIONAL SOFTWARE CORP.
SYMBOL: RATL

FILER: MARASCO JOSEPH N
TITLE: Vice President
PURCHASED: 11/07/97 10,000 9.86
OWNERSHIP: 17,983

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(END) FEDERAL FILINGS-DOW JONES NEWS 02-20-98
16:39



To: Kenwood Sun who wrote (2182)2/21/1998 3:06:00 PM
From: Erich White  Read Replies (1) | Respond to of 3115
 
<<ratl seems heading down to 12>>

I'm not too concerned with the recent pullback to the current 12 5/8 level...it seems perfectly consistent with the 3-4 week cycles that have been playing out in the stock price since the low in late October (pushing up 10-15% and then retracing much of the gain before restarting up again). Check out the 4 month chart linked below:

iqc.com

It looks like we probably have short term support at 12 - 12 1/4.
I'm currently long RATL (initial position taken in mid December at the recommendation of a programmer friend of mine) and am looking for the bottom in this pullback for the chance to add a little more.

Of course all of this technical analysis mumbo jumbo goes out the window if we should see some big news develop : )

Erich