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Technology Stocks : Computer Associates

CA 25.07

+0.1%

Nov 18 4:00 PM EST

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To: Marq Spencer who wrote (2926)	8/12/1998 7:54:00 PM
From: William F. Wager, Jr.	Read Replies (2) of 5232

Charles Wang was on Moneyline with Lou Dobbs tonight. He is concerned about the high-end business clients since much of their spending is discretionary--they may delay purchases because of a drop off in Asian business and Y2K. These clients may do 3 year instead of 5 year deals. He is comfortable with revised estimated earnings BUT they are subject to change, if necessary. He is looking for more acquisitions in the services area like the recent Real Logic deal. Also, he was very defensive about all the stock he, Kumar and others received but said it was "approved by 80% of the shareholders."

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