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Technology Stocks : Computer Associates -- Ignore unavailable to you. Want to Upgrade?

To: DEER HUNTER who wrote (3683)	10/7/1999 3:50:00 PM
From: Box-By-The-Riviera™	Read Replies (1) \| Respond to of 5232

yes, bowie, david, superfreak pre-superfreak period.

To: DEER HUNTER who wrote (3683)	10/7/1999 4:39:00 PM
From: Box-By-The-Riviera™	Read Replies (1) \| Respond to of 5232

here ya go DH... from hizzoner hisself Thursday October 7, 4:17 pm Eastern Time Computer Assocs CEO sees BMC shortfall isolated NEW YORK, Oct 7 (Reuters) - Business software maker Computer Associates International Inc. (NYSE:CA - news) on Thursday said he it was optimistic on business prospects in Europe, signaling that rival BMC Software Inc.'s (NasdaqNM:BMCS - news) weak European sales were an isolated, company specific issue. Shares of BMC were slammed Thursday after the company warned of a profits shortfall for its second quarter ended in September, which it blamed on internal issues tied to a sales force reorganization in Europe at two recently acquired units. BMC stock fell $7-5/8 to $62-3/8, and dragged down with it the shares of software makers like Computer Associates, whose stock price fell $3 to $60 and International Business Machines Corp. (NYSE:IBM - news), which sagged $2-7/16 to $116-11/16. The three companies are the world's top makers of software used by large companies to manage their company-wide computer systems. When asked about Computer Associates' own software business in Europe, Chairman and Chief Executive Charles Wang told Reuters: ``Our business is fine. We continue to be optimistic.' He made the comments to Reuters following a speech at the Internet World trade show here Thursday afternoon. Late Wednesday, Houston-based BMC said its September quarter earnings would be hurt primarily by delays in closing a handful of large software license deals, primarily in Europe. Wang said he remained upbeat on Computer Associates' position. When asked about spending about corporate spending lock-downs in Europe tied to customers seeking to fix existing equipment ahead of the Year 2000, said: ``We're okay.' Asked about business in Germany, Europe's largest market, he said ``We're fine.'