Computer Associates' (CA) shares plummeted by 31% last week as the software company issued warnings over slowing sales and growth during the remainder of the year. The warning was issued despite CA posting profits of $194 million (#118 million) before charges, an increase of 25% over last year's $155 million (#95 million). CA blamed users delaying software investment because of Year 2000 projects and concern of the economic crisis in Asia for potential fall in sales. Meanwhile, high-end database vendor Informix announced second quarter profits of $12.3 million (#7.5million) on revenues of $183 million (#112 million), compared to a loss of $111 million (#677 million) in the same period last year.
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