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Technology Stocks : Computer Associates
CA 25.08+0.1%Nov 25 4:00 PM EST

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To: Gall who wrote (2760)7/29/1998 1:31:00 AM
From: john dodson  Read Replies (2) of 5232
 
Gall,

Re: ...CA's market cap is below 20B, and will be 15B soon.

Pardon me, I know I'm reaching a bit here, but it sounds like you're saying the bottom for CA is just under $30. Nobody else will hazard a stab at support for CA. I think it could be around $30, but don't claim to really know, even though I started accumulating CA today.

I also say in the same breath that at $30, CA is a huge value play. It's at a new 52 week low, still supposed to earn over $2 this year, is trading at a discounted pe, and has a history of being very volatile. I'll continue to buy on the way down to $30.

-John Dodson
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