WANG BID HITS ROADBLOCK AS FORMER OWNER WANTS BETTER TERMS

          Computer Associates Int'l CEO Charles Wang's $175M bid
     to buy the Islanders "was stalled for the moment by legal
     issues" with former Owner John Pickett, who "retains shares
     in the team" and is "looking for more favorable terms,"
     according to Valenti, Young & Hahn of NEWSDAY.  But the sale
     of the team continues to be "imminent."  Also, former EMI
     Exec Charles Koppelman and former MSG President Bob
     Gutkowski yesterday "removed themselves from the running" to
     buy the team (NEWSDAY, 4/13).  Gutkowski: "Although we are
     personally disappointed in this outcome, we wish Mr. Wang,
     who is a Long Islander, much luck and success."  In N.Y.,
     Barry Baum writes that an "impeccable source involved in the
     sales talks" said Wang "remains optimistic" that his bid
     "will soon be completed."  Baum notes that it "all depends
     on whether" Pickett and his group "can agree" by next week
     how to distribute the money they will make from the sale and
     "other matters relating to the sale" (N.Y. POST, 4/13).