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Technology Stocks : Computer Associates
CA 25.120.0%Jan 14 4:00 PM EST
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To: Box-By-The-Riviera™ who wrote (4350)5/15/2000 9:45:00 PM
From: DEER HUNTER  Read Replies (1) of 5232
 
Not immuned to the recent tech sell-off, Computer Associates has seen its stock price fall off 29 percent since January. With $1 billion in cash at the end of the quarter, Kumar said the company would consider a stock buyback plan along with paring down its debt. About half the billion dollars in cash came from Sterling Software, the company's newest acquisition, whose integration Kumar assured was on target.

biz.yahoo.com
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