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Technology Stocks : Computer Associates
CA 24.99-0.5%Dec 1 4:00 PM EST

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To: Rob Rob who wrote (2649)7/22/1998 11:53:00 AM
From: P.T.Burnem   of 5232
 
Analyst lower next years estimates by 6% and the stock drops 30%.

The funny thing is that these are the same people who just yesterday sent the IBM stock flying because, they said, IBM's software sales were booming.

Today they are downgrading CA due to, among other things, a projected slowdown in mainframe sales.

PTB
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