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

To: Joe C who wrote (2790)7/30/1998 4:13:00 PM
From: Mike 2.0  Read Replies (1) | Respond to of 5232
 
FWIW, I picked up 2nd 1/2 of position today @ 34 5/8, thus averaging down to about 38. This reminds me of XRX plummet into 40's 2 years back. The analysts kicked XRX out of the car so to speak, but as soon as they started hitting on all cyllinders again, the analysts said "OK come back in!" CA is simply the tech value du jour right now, along with TMO and ADI, IMHO.



To: Joe C who wrote (2790)8/1/1998 11:27:00 PM
From: Doug  Read Replies (2) | Respond to of 5232
 
Joe: The street is not likely to forgive any Company where prior aggressive accounting and heavy compensation packages have resulted in subsequent erosion of value. It is quite likely that henceforth the P/E for CA will be lower.

Because of that, we could still be headed south.


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