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Technology Stocks : Cheyenne Software - Will it be bought by Computer Assoc.?

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To: Shell R. Poust who wrote (81)4/27/1996 4:56:00 PM
From: Jerry J. Kaczur   of 130
 
Shell, I haven't dabbled on options or covered calls yet. I've got to read up more on it to be sure what I'm doing! So I totally don't know what the current options values in CYE or the other stocks.

I was going to get back into CYE on Friday morning near 21-22, but I never got a chance to even look at what was going on in the market. Oh well! There will be other opportunities with CYE in the next few weeks.

All of my stock positions sold out this week while I was traveling - a nice 28% profit! I could have done better if I was able to track the market and where these stocks were going intraday.

Right now I'm looking at somne stocks to get into on Monday. Maybe back into TER and OAKT. IMPX sounds interesting - thanks John! I'll check it out.

I really don't like how things are progressing with CYE and MCAF. I don't think they are a good fit. I'm also concerned about the quality of CYE software in general - do they have a good product position? I haven't had a chance to see/look at their products. A number of other software companies had lower earnings just released this past week. A lot of companies are waiting or delaying their software purchases - they are looking for intranet products (just like our company is).

Any comments anyone? I know some people are definitely more familiar with CYE products.

- Jerry
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