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Technology Stocks : Computer Associates
CA 24.960.0%Dec 5 4:00 PM EST

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To: Box-By-The-Riviera™ who wrote (3549)8/30/1999 1:09:00 PM
From: DEER HUNTER  Read Replies (2) of 5232
 
oh no....an analyst upgrade.

Monday August 30, 12:14 pm Eastern Time

RESEARCH ALERT - Computer Associates upgraded

CHICAGO, Aug 30 (Reuters) - ABN AMRO said Monday analyst Robert Johnson has upgraded Computer Associates Inc. (NYSE:CA - news) to buy from hold on expectations that the company will report strong growth in its September quarter.

-- In addition to a strong quarter, the company's large order pipeline appears to be improving, Johnson said in his report.

-- Estimated that Computer Associates will report earnings per share growth, excluding acquisition-related amortization, of about 31 percent in the quarter.

-- Has $68 share price target.

Computer Associates stock off 11/16 at 51-1/16.
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