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


To: ratlong who wrote (2758)1/7/1999 9:18:00 AM
From: Thomas Haegin  Read Replies (2) | Respond to of 3115
 
Ratlong and Randy,

first of all a VERY HAPPY NEW YEAR. Looks like we are off to a reasonably good start.

I think RATL will need strong qtr results in order not to sell off too much in a buy-the-rumor-sell-the-fact fashion after they release their results as of 12/98. I fully EXPECT them to deliver, but let's face it, at $27 this is not a cheap stock anymore. I think this is what insider plans to sell are telling us.

OTOH, RATL may still not be an overvalued stock in the present mania-like valuation environment. I'm not good at making market calls, so I look at the how the co. biz is faring, and therefore I will continue to hold my shares (bought in 11/97 at $10+).

Kind regards to all,
Thomas

P.S.
Diana, are you still following RATL?