The banking software industry is still trying to sort out the implications of Computer Associates International Inc.'s bold move almost two weeks ago to take over Newtrend LP, the venture it co-owns with Newtrend Group of Orlando.

Computer Associates, which is based in Islandia, N.Y., has not yet consummated its intended buyout of the 50% of the partnership held by Newtrend Group, which leaves Newtrend and its customers waiting for the outcome and its meaning to them.

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