Carolyn,
I just had to peek at Vendit's post to see if his market facts were as accurate as his political facts....It turned out this was pretty easy....
Oracle Vice President Resigns
Nov. 18 (San Jose Mercury News/KRTBN)--Gary Bloom, one of three top executives under Oracle Chief Executive Larry Ellison, announced Friday that he was leaving the Redwood Shores software company to become president and chief executive of Veritas Software Corp., a fast-growing storage software company.
The departure of Bloom, a highly regarded operations professional, is likely to cause more tumult in Oracle's stock, which already had suffered a 31 percent decline after the late June departure of former Oracle President Ray Lane, who went on to join venture firm Kleiner Perkins Caufield & Byers.
In after-hours stock trading, Oracle Corp. shares fell 14 percent to $24.75. Shares of Veritas, which released news of the hiring just before the market close, fell $5, or 4 percent, to $116 in after-hours trading.
siliconinvestor.com
But nooooo, could Vendit be wrong? We don't think so do we Caroline? No, we believe that ORCL investors had a premonition of the election issue and that premonition resulted in the 30% fall and we also believe that ORCL only reacted to a court judgement and it couldn't possibly be because of the VPs resignation. The San Jose Mercury really screwed this one up; undeniable proof the San Jose Mercury is a far left, socialist, liberal rag.
If you were to check the intraday trading on the markets, you would see he was wrong there as well....
And thank you Vendit, where ever you are for not disapointing me. Keep on posting......[Edit: and I have no doubt that Carolyn will keep on believing you]
Regards,
jttmab |
