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Technology Stocks : Computer Associates

CA 25.10

+0.1%

Nov 21 4:00 PM EST

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To: Doug who wrote (2828)	8/2/1998 12:48:00 AM
From: Peter Eicher	Read Replies (3) of 5232

Yeee hee hee hee. Ha ha ha ha!!! Haven't stopped laughing in days!!! OK, Ok, enough gloating. A few things you might want to seriously worry about. 1 - There are nuisance lawsuits that always happen when a company drops a lot in price. What they amount to is that a year after the suit is filed the lawyers say, "Give us $500,000 and we'll go away." 2 - The difference in this case is the ugly paper trail left behind by the CA 3 Stooges. Namely: give yourself a billion dollar bonus. Publicly, repeatedly deny any problems in the business long enough to not only get awarded the options, but to cash in on them. Suddenly -- ooops! -- mention the business has problems. These law suits may not be all that trivial. Let's toss in the fact that CA's CFO "retired" a few months ago. Gee, what a coincidence. Maybe he didn't feel like going to jail. Or maybe he just didn't want to be around when the house of cards tumbled down. And if CA's had trouble getting personnel BEFORE, what happens now, when the value of the employees stock options has just been devastated? Hey Chuckie, don't say I never warned ya!!! * Certified as a GENUINE TWIN POSTING **

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