Computer Associates Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Computer Associates

CA 24.99

-0.5%

Dec 1 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: jont who wrote (3121)	2/3/1999 12:49:00 PM
From: DEER HUNTER	Read Replies (1) of 5232

Just hit the wires...... cbs.marketwatch.com This just in Overheard at Tech '99 conference By CBS MarketWatch Last Update: 12:29 PM ET Feb 3, 1999Earnings headlines Silicon Stocks Software giant Computer Associates (CA) will increase sales of its client-sever software at least 20 percent in the fiscal year that begins April 1, according to the company's forecasts. Doug Robinson, CA's head of investor relations, said at the NationsBanc Montgomery Securities technology conference in San Francisco that client-server software sales will hit at least $3 billion in the coming fiscal year. That's up from an expected $2.5 billion in the current year. Client-server sales are crucial to CA, the world's third-largest software company, as sales of its mainframe software products continue to slip. Paul Dravis, an analyst at Montgomery Securities, estimates that mainframe software sales will decline 4 percent in the current fiscal year. Robinson also said CA is looking to acquire small to midsize services companies.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next