Computer Associates Message Board

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Technology Stocks : Computer Associates

CA 25.08

+0.1%

Nov 11 4:00 PM EST

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To: BostonView who wrote (2965)	9/18/1998 8:08:00 AM
From: rupert1	Read Replies (1) of 5232

Hi BostonView: I think this stock is very sensitive to good news now. My theory is that Charlie has said enough at the time of the AGM and again last week at the employees meeting, and at scattered media events, that if CA does not do better than the street estimates this quarter, he is going to have an even more serious credibility problem. Since he is sticking his neck out so much, it is tempting to believe that the news will be good. If it is, one could expect to recover up to $38 and probably up to $44 on an intraday spike. I must admit that I had expected more volatility by now with several run-ups to the $38 range or higher; I think these "normal" gyrations have been overpowered by the bearish market action. Victor

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