CA Makes Headway

Investors bid the shares higher on Friday as the software outfit offered an encouraging sales outlook

CA, Inc. (CA) CEO John A. Swainson had said in November, 2005, that it took a long time for the company to get screwed up, it would take a long time to get it "unscrewed up", and it would take even longer for people to recognize it (see, 11/21/05, "Computer Associates: Clearing A Cloud"). Now the Islandia, N.Y. software company formerly known as Computer Associates has offered an encouraging outlook on sales -- and investors bought its stock on Feb. 2.

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