SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Oracle Corporation (ORCL)
ORCL 154.62-3.4%Feb 3 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: MeDroogies who wrote (7761)7/3/1998 2:05:00 AM
From: hasbeen101  Read Replies (2) of 19080
 
I'm not saying what Wall Street should believe, just what the market does believe. The market clearly is not confident that Oracle will grow earnings at anything near 25% per year over the next few years.

The estimates that Oracle has beaten are the estimates made one month in advance of the announcement. The studies show that the upward bias is higher the further out you look. As reality approaches, the estimates are revised down to meet it.

I'm sure Oracle has consistently beaten the "one month away" estimates. But the story might well be different with the longer-dated estimates.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext