The recent announcement by Computer Associates that it intends to exercise its option to acquire the 50% of Newtrend L.P. it doesn't already own raises a whole host of questions that neither CA Chairman Charles Wang, The Newtrend Group President Robert King--whose firm owns the other half--nor anyone else associated with the troubled joint venture will comment upon. But you can bet that Newtrend customers will anxiously be awaiting answers.
Newtrend L.P. was created three years ago by CA and The Newtrend Group, an Orlando-based group of investors. Legal ownership of all of the original Newtrend's products--including those that CA initially had no involvement with--was assumed by the joint venture at the time of its creation. Newtrend's day-to-day activities have been handled by chief operating officer Robert Lund and his Orlando-based management team.