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


To: BostonView who wrote (2994)10/20/1998 11:20:00 PM
From: Chris Anderson  Read Replies (3) | Respond to of 5232
 
First of all, I would like to say I am so Fu#$ing pleased that someone is finally posting on this thread I can barely stand it. I am so sick of corresponding with the, uh, "Yahoo's" on the Yahoo thread, I am heartened to see some intelligent conversation taking place here. Keep those posts coming!

My thoughts:
I think things looked positive:
1) Quality of earnings: revenues on target, no fishy one time charges
2) Beat consensus and whisper numbers (.50 was whisper)
3) Share buyback program
4) Growth: some will say growth was not that great. This is a BIG CAP company, huge growth cannot, and is not expected (reflected in current PE)
5) I read outstanding shares are increasing (on Yahoo, yuck) even though there is a share buyback program because of stock options - can anyone verify)
6) Home office expansion - gives positive vibs for future
PLEASE - keep those posts coming
Good luck all,
Chris