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Strategies & Market Trends : Sharck Soup

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To: Sharck who started this subject5/22/2001 6:01:12 PM
From: besttrader   of 37746
 
Computer Assoc (CA) 32.56 +1.54: -- Update -- More guidance; for Q1, sees revenue of $1.445-1.450 bln range vs consensus of 1.35
bln, and EPS of $0.48 vs First Call consensus of $0.44. Also, sees FY02 revenue of $5.9 bln, roughly in line with current consensus.

Computer Assoc (CA) 32.56 +1.54: -- Update -- With regards to guidance, company notes that it is cautious but optimistic. Notes that
professional revenues will be taken down by $5 mln per quarter due to exiting of some businesses, but that this will not affect its ability to hit
the $2.01 guidance for FY02.

Computer Assoc (CA) 32.56 +1.54: -- Update -- On conference call, company finally gets around to guidance: maintains its FY02 pro
forma EPS estimate of $2.01, which is a bit higher than the First Call estimate of $1.97.

Novell (NOVL) 5.01 +0.10: -- Update -- Novell sees Q3 revenue in the $233 mln range, current consensus mean estimate is $255 mln.
CFO sees FY01 revenue in the $960 mln range, current estimate is $1.053 bln.
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