Oracle Corporation (ORCL) Message Board

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Technology Stocks : Oracle Corporation (ORCL)

ORCL 195.71

+0.4%

Jan 2 9:30 AM EST

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To: Still Rolling who wrote (17248)	6/18/2002 5:06:44 PM
From: MeDroogies	of 19080

LOL Honestly, I figured LE had a bear trap set by his cryptic comments. But this is better than I'd figured. With ORCL's competition in disarray, and the CA thing going on....I was hopeful to just slide in under the bar. These results are hardly something to have a Mardi Gras party over, but they beat the hell out of what was really expected from this company. Already, I've read 4 different articles. 2 spoke of how well managed the company is to have performed at this level given the environment. 2 spoke of ORCL "meeting expectations". If analysts thought that revs exceeding $950mm were positive, then what do they think of the actual figures? Based on the other warnings today, and the general overall trends, I don't see the market going up tomorrow. ORCL will get a brief bump as weaker shorts bail as quickly as they can. I can see ORCL testing 11 before falling back. That's very optimistic, though. Stronger bears are out there. They won't leap to cover as quickly. But they will have to, eventually.

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