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Technology Stocks : Computer Associates
CA 25.020.0%Jan 22 4:00 PM EST

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To: babette spatz who wrote (4530)6/13/2000 3:24:00 AM
From: Crystal ball  Read Replies (1) of 5232
 
Monday down to $50 requires that CA BREAK THRU $60 by Friday. Otherwise Wang and co-defendants will have additional problems, beyond giving some of that money back. Personally the Delaware shareholder class action lawsuit from the that New York case mostly makes the lawyers rich, if they could not have had the authority to issue the stock, then that is the fault of CA's or Wang's own attorneys in not wording the options for the OBVIOUS case of stock splits (and thus double or half the issue authority---depending on your point of view). Of course if the stock is lower than the executed options, their real punishment should be to buy them anyway. They do not see it as punishment, that to me, means that this is legal insider trading, of the CONFIDENT BUYING KIND that bodes very well for CA.
I am,
Truly your$,
-Crystal Ball
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