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Technology Stocks : Y2K (Year 2000) Stocks: An Investment Discussion

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To: ThirdEye who wrote (6026)9/8/1997 1:42:00 PM
From: Jeffrey S. Mitchell   of 13949
 
Re: IAI and CA

Taoman, anything is possible in the Y2K market. At the C R Conference I know for a fact that certain companies were scoping out others for potential alliances. There is also a quiet mad dash behind the scenes for alliances with testing companies and foreign systems integrators.

I lost count how many times IAIC mentioned CA in their presentation. Since CA followed them to the podium, I expected CA to plug IAIC to death as well. That didn't happen. As I said, they were mentioned only in passing. Now, please keep in mind that I did not attend the Q&A session afterwards, so perhaps CA was a bit more vocal about IAI at that time.

CA is certainly known to have a voracious appetite for buying companies. The key to this mystery, IMO, is whether the four people that "moved" from CA to IAI were given significant shares of restricted IAI stock. If so, then assuring a CA buyout would make them fabulously wealthy in a hurry. If not, then the answer really depends on what these guys used to do at CA. Their move could mean anything from IAI cherry-picking from CA (very positive) to them jumping ship from an outsourcing department that was being phased out (very negative).

- Jeff
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