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


To: diana g who wrote (2894)4/8/1999 10:31:00 AM
From: ratlong  Read Replies (1) | Respond to of 3115
 
I'm working a short term trade here. Not really calculating the shares I bought yesterday in my cost basis because I hope to flip it next week- cross your fingers. If you look at the October and December quarters, there was a panic sell the week before due to other preannouncements and general sector fear. Levy puts those to rest and we jumped the next week. I'm betting history here...

It could definitely be a rocky couple of days before earnings- perception has a lot to do with it. However, at these prices, if they are on track next week, he will again emphasize that Y2K has no bearing on his business and that they are firing on all cylinders. If that occurs, you are going to have a serious run in the weeks after because again, RATL will be considered a safe haven for software players. I think this philosophy has played a role in the rapid appreciation from $10 all the way up.

Anyway, as a "simple girl," I'm sure your keeping your eye on it and have a threshold for pain- mind telling us what it is? 22? 21? 14? Oh when is fair Diana a buyer...