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Technology Stocks : Computer Associates
CA 25.010.0%Nov 6 4:00 PM EST

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To: Box-By-The-Riviera™ who wrote (2989)10/20/1998 5:11:00 PM
From: rupert1  Read Replies (2) of 5232
 
Surprised nobody has commented on earnings yet - was waiting for someone more knowledgeable than me. My reading is that the report is somewhat neutral for the share price. I suppose it depends on how much the market was fearing a bad quarter, whether there will be a relief rally tomorrow. But the earnings are just better than expectations and the warnings about slow down in future growth are still there. Maybe the wording is a bit different a bit more positive, but not much. I think the share prce will continue to be volatile but with an upward bias. Perhaps the trading range will move up a bit from 30-38 to 34-42.

Victor
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