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

To: William F. Wager, Jr. who wrote (2738)	12/2/1998 9:04:00 PM
From: ratlong	Respond to of 3115

Anyone out there? Nice little plug in the CBS Market Watch. People will remember Wendell as the dip$#%$ who took us apart last year because of ORCL and then recently said we were a middleware company. Brillant stuff. However, I think this quarter is in the bag and probably the year is in the bag. The question is whether they can sustain or whether we should start to look to dump by end of Q1, 1999 (end of their FY) 12/2/98 cbs.marketwatch.com Intuit, Rational get 'conference boost' Shares of Intuit rose 11 percent after the company told an investment conference that preorders of the company's TurboTax have topped last year's total sales. Scott Cook, a founder of the maker of personal finance software (INTU), also told the CS First Boston Technology Conference that this year's launch of the tax preparation software will be the largest in the company's history. Shares added 5 7/8 to 61 1/8 on volume that was twice as heavy as average. Meanwhile, shares of Rational Software, which also presented at the conference on Wednesday, rose 10 percent. CSFB analyst Wendell Laidley said the company (RATL) is "on track" to meet or beat his estimates for the current quarter of 17 cents per share in earnings on sales of $104 million. The stock rose 2 1/4 to 23 15/16.