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Technology Stocks : Oracle Corporation (ORCL)

ORCL 175.23

-3.9%

1:07 PM EST

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To: bob who wrote (11208)	6/17/1999 5:27:00 PM
From: Kurt_Ruckus	Read Replies (1) of 19080

The headfake article found through news under Oracle on Yahoo indicates that when the analysts went to the meeting they were told that there was no way that Oracle could meet the .34 earnings estimate so they dropped it .02. Now they all have egg on their faces. Considering the punishment Oracle has taken from the Street at times, I think turnabout is fair play. They just probably shouldn't try it to often. Trick the analysts into undervaluing your company and then blow away adjusted estimates = soaring stock prices, lots of media exposure, pissed off analysts... ha ha. K

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