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Technology Stocks : PSFT - 1997 Outlook [closed thread]
PSFT 0.00010000.0%Oct 29 5:00 PM EST

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To: McNabb Brothers who wrote (645)12/12/1997 5:52:00 PM
From: John Carragher   of 940
 
Subject: Computer Associates

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To: Ron Dior (1564 )
From: Holger Johannsen
Friday, Dec 12 1997 4:57PM EST
Reply # of 1569

Ron,

I could not have put it any better. Here in Germany all the media is talking about the Asian
crisis and that the sky is falling, despite Germany having only minimal exposure to Asia.
All stocks are getting hit hard.
You might know SAP AG (SAPHY) since it is a major player in the software sector. They
announced that they will make the quarter, they are not hurt by Asia and they will even
hire 5000 new workers just to keep up with demand. The stock nevertheless dropped in
sympathy with the Nasdaq.
Right now I would not consider any move in CA or any other tech stock company related.

Holger

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just thought I would drop the ca note down here for you to read on sap announcement today. If sap is making the qtr then what do we think psft will do. John
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