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Technology Stocks : Computer Associates
CA 25.11+0.1%Nov 26 4:00 PM EST

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To: Patrick Thompson who wrote (2731)7/24/1998 12:32:00 PM
From: The Rancher  Read Replies (2) of 5232
 
in a year from now, CA may be back on track (per the article). but if it will be dead money for the next 2 to 3 quarters (or even 2-3 months), why not put your money somewhere else for the short-term, then get back in CA when it starts to move back up? i don't understand the compelling reason to buy CA "cheap" in the low 40's. i would rather miss out on 2-3 bucks in order to be sure that the stock is really on the way back up, not just a "dead cat bounce."
let's not forget that those who bought ORCL the day it blew up last oct. at $23-24 have now seen almost a 0% return over the last 3 quarters.

IMO,

-i.m. rancher
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