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Strategies & Market Trends : Sharck Soup

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To: Softechie who wrote (28520)	6/19/2001 7:41:21 AM
From: Softechie	Read Replies (1) of 37746

Interesting upgrades on Oracle. Bottom in? 07:30 ET Oracle Corp (ORCL) 14.84: -- Update -- Merrill Lynch lifts near-term rating to BUY from Accumulate following in-line results and improved risk/reward profile for 2H of FY02. Increasing FY02 est. by 2 cents to $0.50. Attributes EPS upside to expense controls. While near-term risks remain, the risk/reward profile improves for 2H FY02 with easing comparisons, new 9i and improving 11i product cycles and return of earnings momentum. 07:26 ET Oracle Corp (ORCL) 14.84: Salomon Smith Barney upgrades to OUTPERFORM from Neutral. Believes management's ability to continually extract operating expenses from the biz will help company grow EBITDA at long-term 17% CAGR vs firm's original estimate of 16.0% once market conditions improve. Raises price target to $17 (from $15). 07:23 ET Siebel Systems (SEBL) 38.29: Salomon Smith Barney upgrades to OUTPERFORM from Neutral; firm raises price target to $48 (from $40).

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