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| | BMC Software issues profit warning - Jul. 5, 2000 |
 | | BMC and CA typically have back-loaded quarters, which means that many customer orders don't come in until the last few days of the period. |
 | | In a conference call with analysts Wednesday morning, BMC Chairman Max Watson said that the revenue shortfall didn't become apparent until the last few days of the quarter and that the company is still trying to determine why it occurred. |
 | | While BMC and CA are trying to sort out what hit them, the markets rushed to judgment, sending BMC (BMCS: Research, Estimates) down 12-1/2, or 35 percent, to 23, and pushing CA (CA: Research, Estimates) down 21-1/2, or 42 percent, to 29-5/8 in mid-day trading. |
| money.cnn.com /2000/07/05/companies/bmc (539 words) |
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