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Technology Stocks : Computer Associates

CA 25.12

0.0%

Nov 28 4:00 PM EST

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To: Danny Chan who wrote (2654)	7/22/1998 11:35:00 AM
From: Box-By-The-Riviera™	of 5232

I would discount even further given a predictable lack of positive sentiment around the stock, further devaluation in line with the market's next moves down, and of course the "twins" effect.... 29 might ultimately be an entry point intra day..... depending on market volatility in any given moment......... however.......bad news here may become still worse if CA was conservative in their negative estimates re: asia growth and more importantly.... redistribution of IT budgets not to mention IT budget cuts (capex spending) as corporations generally face falling margins, increasing lack of price flexibility, lower production/higher cap equipment costs, wage pressures/rising medical costs....and perhaps a turn around in oil/energy prices to the upside.....affecting shipping and other related product to market costs..... Joel

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