-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, JGTlj3HGe5satgEE0ftzZJi36mf2gpSMDUz1UqJqvgUaWajnPnluJq+TNKdf16SS IrpJxFNNlar2aaU3pARXnw== /in/edgar/work/20000706/0000356028-00-000021/0000356028-00-000021.txt : 20000920 0000356028-00-000021.hdr.sgml : 20000920 ACCESSION NUMBER: 0000356028-00-000021 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20000705 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 20000706 FILER: COMPANY DATA: COMPANY CONFORMED NAME: COMPUTER ASSOCIATES INTERNATIONAL INC CENTRAL INDEX KEY: 0000356028 STANDARD INDUSTRIAL CLASSIFICATION: [7372 ] IRS NUMBER: 132857434 STATE OF INCORPORATION: DE FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-09247 FILM NUMBER: 667965 BUSINESS ADDRESS: STREET 1: ONE COMPUTER ASSOCIATES PLAZA CITY: ISLANDIA STATE: NY ZIP: 11788 BUSINESS PHONE: 5163425224 8-K 1 0001.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 July 3, 2000 Date of Report: (Date of earliest event reported) Computer Associates International, Inc. (Exact Name of Registrant as Specified in Charter) Delaware 333-30842 13-2857434 (State or Other Jurisdiction (Commission (IRS Employer of incorporation) File Number) Identification No.) One Computer Associates Plaza, Islandia, New York 11749 (Address of Principal Executive Offices) (Zip Code) Registrant's telephone number, including area code: (631) 342-5224 Not Applicable (Former name or former address, if changed since last report) Item 5. Other Events. On July 3, 2000 Computer Associates International, Inc. (the "Company") reported that results for the quarter ended June 30, 2000 are expected to be less than expected. A simultaneous phone and internet web cast conference was held on Wednesday July 5, 2000 at 8:30am EDT, to discuss the preliminary results. Additionally, operating earnings per share for the quarter ended June 30, 2000 is expected to be between $.11 and $.16 per diluted share, excluding acquisition related amortization costs and special charges. Special charges are estimated to add approximately $.15 per diluted share. The Company projects total contract value to be in the range of $1.25 billion and $1.3 billion compared to $1.22 billion recorded in the quarter ended June 30, 1999. The Company also reported a revised preliminary target total contract value growth rate for planning purposes of 20% for the quarter ending September 30, 2000 versus the prior year's comparable quarter. Statements in this Item 5 contain "forward-looking statements" under the Private Securities Litigation Reform Act of 1995. There can be no assurances that future results will be achieved, and actual results could differ materially from forecasts and estimates. Important factors that could cause actual results to differ materially include: the significant percentage of CA's quarterly sales consummated in the last few days of the quarter making financial predictions especially difficult and raising a substantial risk of variance in actual results; changes in industry accounting guidance; the risks of potential litigation arising from the year 2000 date change for computer programs; the emergence of new competitive initiatives resulting from rapid technological advances or changes in pricing in the market; the risks associated with new product introductions as well as the uncertainty of customer acceptance of these new or enhanced products from either CA or its competition; risks associated with the entry into new markets such as professional services; the risks associated with integrating newly acquired businesses and technologies; increasing dependency on large dollar licensing transactions; delays in product delivery; reliance on mainframe capacity growth; the ability to recruit and retain qualified personnel; business conditions in the client/server and mainframe software and hardware markets; uncertainty and volatility associated with Internet and eBusiness related activities; use of software patent rights to attempt to limit competition; fluctuations in foreign currency exchange rates and interest rates; the volatility of the international marketplace; and other risks described in filings with the Securities and Exchange Commission. Item 7. Financial Statements, Pro Forma Financial Information and Exhibits. (a) Not applicable (b) Not applicable. (c) Exhibits. 99.1 Press Release dated July 3, 2000. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Computer Associates International, Inc. Dated: July 5, 2000 By: /s/ Ira Zar Ira Zar Executive Vice President and Chief Financial Officer EXHIBIT INDEX Exhibit No. Exhibit 99.1 Press Release dated July 5, 2000. EX-99.1 2 0002.txt Contacts: Doug Robinson - Investor Relations Bob Gordon - Public Relations (631) 342-2745 (631) 342-2391 dougr@ca.com bobg@ca.com COMPUTER ASSOCIATES ANNOUNCES PRELIMINARY FIRST QUARTER RESULTS ISLANDIA, N.Y., July 3, 2000 - Computer Associates International, Inc. (NYSE: CA) today reported that it expects financial results for the first quarter ending June 30, 2000 to be less than current Wall Street estimates. CA expects total contract value to be in the range of $1.25 billion to $1.3 billion. This compares to the $1.22 billion recorded in the first quarter of last year. The quarter was affected by weak European sales and softness in its mainframe business. CA cited the fact that several large contracts that were expected to close in the final days of the quarter have been delayed. Commenting on today's announcement, Sanjay Kumar, CA's president and chief operating officer stated, "Revenue wasn't as strong in the quarter as we had hoped. We intend to work aggressively to address the performance issues in our European business. With the recently completed Sterling Software acquisition and a refocused sales and service organization, we feel very well positioned to capitalize on further opportunities in the eBusiness marketplace." CA is scheduling a conference call with securities analysts for Wednesday morning July 5, 2000 at 8:30am EDT to discuss this announcement and is scheduled to report final results the evening of July 20, 2000. Computer Associates International, Inc. (NYSE: CA), the world's leading business software company, delivers the end-to-end infrastructure to enable eBusiness through innovative technology, services and education. For more information, visit www.ca.com. Statements in this release concerning the Company's future prospects are "forward-looking statements" under the Private Securities Litigation Reform Act of 1995. There can be no assurances that future results will be achieved, and actual results could differ materially from forecasts and estimates. Important factors that could cause actual results to differ materially include: the significant percentage of CA's quarterly sales consummated in the last few days of the quarter making financial predictions especially difficult and raising a substantial risk of variance in actual results; changes in industry accounting guidance; the risks of potential litigation arising from the year 2000 date change for computer programs; the emergence of new competitive initiatives resulting from rapid technological advances or changes in pricing in the market; the risks associated with new product introductions as well as the uncertainty of customer acceptance of these new or enhanced products from either CA or its competition; risks associated with the entry into new markets such as professional services; the risks associated with integrating newly acquired businesses and technologies; increasing dependency on large dollar licensing transactions; delays in product delivery; reliance on mainframe capacity growth; the ability to recruit and retain qualified personnel; business conditions in the client/server and mainframe software and hardware markets; uncertainty and volatility associated with Internet and eBusiness related activities; use of software patent rights to attempt to limit competition; fluctuations in foreign currency exchange rates and interest rates; the volatility of the international marketplace; and other risks described in filings with the Securities and Exchange Commission. -----END PRIVACY-ENHANCED MESSAGE-----