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To: Thomas Haegin who wrote (2908)4/15/1999 4:32:00 PM
From: Randy Ellingson  Respond to of 3115
 
Gross margins for the quarter versus year ago: 86.6% v. 80.3%. Will check year vs. year ago...

Here they are: gross margins up year over year nicely as well: 84.7% vs. 79.7%. They are headed in the right direction.

Also, the strong increase in services revenue is great to see.

Randy



To: Thomas Haegin who wrote (2908)4/15/1999 4:32:00 PM
From: ratlong  Read Replies (1) | Respond to of 3115
 
Great revenue growth- how do you like 43% in a quarter with Y2K looming (what software slowdown?) and especially launching new products. Unbelievable sales force management. Seriously to be applauded.

Like the conservative earnings management. Great stuff.

This is exactly what I hoped for... "all is well"- Hans, you swedes have a tendency for understatement right??? :^)



To: Thomas Haegin who wrote (2908)4/16/1999 5:35:00 AM
From: Thomas Haegin  Respond to of 3115
 
Rational Software names Devlin as CEO
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Is Levy just tired, "burned out"??? What to make out of it? My initial reaction is: Nothing. Comments welcome.

Thomas
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Reuters Story - April 15, 1999 16:24

CUPERTINO, Calif., April 15 (Reuters) - Software management systems developer Rational Software Corp. said on Thursday it named the co-founder Mike Devlin as chief executive officer.

Cupertino, Calif.-based Rational also said Tom Bogan, a general manager in charge of product testing, had been promoted to chief operating officer.

Rational said it would retain its other co-founder, Paul Levy, as chairman and Tim Brennan as its chief financial officer. It gave no further details.

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