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


To: Robert Smith who wrote (2374)4/23/1998 4:52:00 PM
From: Randy Ellingson  Read Replies (1) | Respond to of 3115
 
They just announced a stock repurchase plan of 6M shares:

biz.yahoo.com

That's 6.7% of the shares, and about 7% of the float. Not bad.

As for being up a buck, it looks as though 400 shares were traded at 16 7/8. We'll see if there's further upside tomorrow I guess, and if it is sustainable over the next few weeks...

Randy