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

To: Joe Griffin who wrote (2794)	1/17/1999 12:46:00 PM
From: Asymmetric	Respond to of 3115

Goldman Cites 3Q Earns Upside Dow Jones Newswires -- January 14, 1999 NEW YORK--Goldman Sachs analyst Rick G. Sherlund added Rational Software to the firm's U.S. Recommended for Purchase list Thursday. Previously, the analyst had rated Rational Software at market outperform. In a research note, Sherlund cited the company's better-than-expected fiscal third-quarter results for the ratings increase. As reported, Rational Software, of Cupertino, Calif., posted operating earnings of 19 cents a diluted share for its third quarter ended Dec. 31, beating both the year-ago figure of 11 cents and a First Call Corp. estimate of 17 cents. In addition, Sherlund said Goldman believes "the mix shift to Internet tools should benefit growth and the stock." The analyst raised his per-share earnings estimate for Rational Software to 62 cents from 59 cents for fiscal 1999 and to 89 cents from 80 cents for fiscal 2000. Rational Software shares recently changed hands at 30 3/8, up 3 13/16, or 14.4%. Goldman was co-manager on an October 1996 offering of Rational Software stock. (Just signing on as a Rational Software stockholder. Peter.)