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

To: P.M.Freedman who wrote (2800)	7/31/1998 2:27:00 PM
From: Gall	Read Replies (3) \| Respond to of 5232

You are absolutely right. I told it BostonVew,Runcher, Hunter and Co, but they were to "smart" to listen. They were concern about my spell checker, but not about own investments. <<Yes, you are right! CA is a buy-to-growth company. They don't spend $$$ on original R&D and don't open new markets by themselves. They just kept buying those beaten-down companies to get their technologies and customers. If they stopped acquiring companies, the Street will trash them anyway>> This was one of my major reasons to sell CA around $60 two months ago. I was in anticipation of big acquisition. The next acquisition will unlikely to effect the stock price, since it is already beaten. Without acquisition, CA is a dead company. The stock rising only in anticipation future grows. This current market cap, it will be extremely difficult for CA to keep pace. CA's slogan "Superior by acquisition". To all truckers. Don't rush to load trucks. Take a look at CA historic chart. Start loading then it brakes 30, in $24-28 range. Just a Gall.