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Technology Stocks : Computer Associates

CA 25.12

0.0%

Nov 28 4:00 PM EST

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To: Harry Landsiedel who wrote (3143)	2/26/1999 10:13:00 AM
From: John Solder	Read Replies (3) of 5232

Alot of long term holders buy on major pullbacks. There usually are at least 1-2 per year. You can easily get a $10-20 pop quite easily like this. Technically who knows. Watch the historic trend. This company and it's markets defy any logical tech watching. Weak Asia, weak south America, recent pricey take-overs, recent failed take-overs, weak mainframe sales... all these have caused corrections and buying opportunities in the last 3 years. Who knows what is around the corner for next week. My gut says let it drift lower and pick it up in the mid-high thirties. $35 would be ideal. I currently have no CA position. I sold at $45 just before it hit the low $50's. I'm waiting to get back in.

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