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To: Marq Spencer who wrote (2926)8/12/1998 7:54:00 PM
From: William F. Wager, Jr.  Read Replies (2) | Respond to of 5232
 
Charles Wang was on Moneyline with Lou Dobbs tonight. He is concerned
about the high-end business clients since much of their spending is
discretionary--they may delay purchases because of a drop off in Asian
business and Y2K. These clients may do 3 year instead of 5 year deals.

He is comfortable with revised estimated earnings BUT they are subject
to change, if necessary. He is looking for more acquisitions in the
services area like the recent Real Logic deal.

Also, he was very defensive about all the stock he, Kumar and others
received but said it was "approved by 80% of the shareholders."



To: Marq Spencer who wrote (2926)8/13/1998 2:20:00 AM
From: rupert1  Read Replies (1) | Respond to of 5232
 
Brian: Look at the link I posted earlier to Wangs address to the AGM. It states in there that CA has bought 9 million shares recently. It also states that CA will take a number of aggressive steps to raise the stock price in the long and short term. One of those steps is to allow CA employees to spend 50% of their salaries on CA stock at the depressed price. He refers to this and other measurers as "putting our money where our mouth is".

Victor


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