To: DEER HUNTER who wrote (2777 ) 7/29/1998 11:15:00 PM From: BostonView Read Replies (4) | Respond to of 5232
It sure is a bloody mess for CA this month. But this doom and gloom stuff is getting out of hand. Fact check time. 1. CA has some of the best gross margins in the software business. 2. Unicenter has literally transformed this company into a dominant worldwide client/server software concern. 3. The mainframe, despite 10+ years of obituary's, is alive and well. 4. The Asian crisis is a short-term phenomenon. 5. The Y2K issue is dead in a year and a half. 6. CA warned of slowing growth; not flat, not declining. Folks are down on CA management for this mess, made worse because it's so close to the options windfall. This is understandable, but make no mistake, these guys are not laughing in Islandia. For Charles, Sanjay, et al, it's not about the money. They have all they need (before the options) for several lifetimes of opulent living and philanthropy up the ying-yang. It's about EGO and the fight for respect and credibility...has been from the start. Driven is an understatement when it comes to these guys (think about the bid for CSC. Could they have targeted a bigger fish?) I've said it before but it's worth mentioning again; it's during the bad times that management shows its worth. In this regard, Charles is a proven quantity. Not only will this storm be weathered, CA will emerge stronger than ever (as has been the historical case) and Charles will take CA places you never dreamed possible. To the naysayers, worry warts, and cry babies, I say "SELL". Buy Powerball tickets if you want to get rich overnight. I'm sticking with a sure thing. Oh, and another thing, the lower CA goes the more shares I get to buy. It's called a silver lining. Now get me off this damn soapbox... BV