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

To: Doughboy who wrote (2918)	8/12/1998 4:28:00 PM
From: rupert1	Read Replies (1) \| Respond to of 5232

DougHboy: You are right that the Sanjay statement was a bit more severe than Wang's statement today - but it was not as severe as you suggest. Sanjay did not warn that earnings would be flat - he said that there might be a slowdown in the growth of revenues which might last for several quarters. But he also mentioned many of the positives that Wang mentioned today. In addition, the growth of the consulting division which Wang said would earn $1 billion by 2001 might move faster than forecast and make up some of the expected slowdown in the growth of other products. Personally, I thought the Wang statement was all we could have asked for. I was particularly pleased that he said that CA will be taking definite action to improve the stock price in the long and the short term. I hope that it will move relatively quickly to $44-46 and and then pull back to $37-39 as it consolidates before moving back up again. But that's a guess. Victor