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Technology Stocks : Computer Associates

CA 24.95

+0.1%

Dec 24 4:00 PM EST

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To: Whitmore G. who wrote (5180)	10/9/2003 8:57:16 AM
From: David Lawrence	Read Replies (2) of 5232

>>Another Enron in the making here. Prepare for melt down!!! Hardly. The revenues in question were real, just booked a quarter early. It occurred in a fiscal year that ended over three years ago. There is no impact on recent or current results or estimates, so it's really a non-event. CA has gone from $8 to $29 in the past 12 months. It looks like it might be down a couple of bucks. Big deal. I sold last week at $26.50 and don't hold a position. I hope it gets cut in half so I can get back in. Say what you will about the company... they generate plenty of cash flow.

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