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


To: SidStock who wrote (2396)4/24/1998 3:11:00 PM
From: diana g  Read Replies (3) | Respond to of 3115
 
Re: Stock Repurchase

Apr. 23, 1998, Rational Software Corp. (Nasdaq:RATL - news) said its board authorized the repurchase of up to 6,000,000
of its common shares in the open market from time to time.


Hi Sid + thread,
I think this provides an option for the company. They haven't said "We are buying 6 million shares." They may buy half a million. They may not buy any. They may buy tomorrow, next week, next year or never. The authorization gives them a tool to use for various possible purposes.

Sure is a beautiful day in RATL land!!! <GGG>

regards,

diana