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To: babette spatz who wrote (4222)4/27/2000 4:56:00 PM
From: Crystal ball  Respond to of 5232
 
CA is positioned to rise. Sometimes greed is good, when not, we can sue them, fire them, bring shareholder derivative lawsuits etc., or even sue their accountants that allowed it to happen, if that is the case. I think its a great company, and I remember Wang and friends from their previous corporate adventures, they are techs more than MBA types in my opinion (IMO), so eventually the company and market will overtake them, and thats why the sales force is probably more important to us shareholders here than the bean counting and distracted hockey team owning management. The products from Jasmine and Unicenter to Neugents that you spoke of is why I am a buyer, because this company has an elastic price performance, that is, expect a bounce back to the mid to high $60s by next week, $65, $68, $70, $74 maybe. That is the psychology, I think, and with a P/E of 14 and the techs on the mend and rise EVEN AFTER THIS MORNING Econ news, I think the down market was overdone, and only occurred because of the margin players and the timing coinciding with many noveau rich realizin too late that April 15th (17th) was tax profits due and payable day, and this compounded the sell off, now its BUYING TIME AGAIN.
I am,
Truly your$,
-Crystal Ball