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Technology Stocks : Oracle Corporation (ORCL)
ORCL 239.27-1.9%Nov 7 9:30 AM EST

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To: bob zagorin who wrote (15127)12/15/2000 2:00:46 AM
From: Bag of Pucks  Read Replies (1) of 19079
 
I am not saying that management will lie. Given that they don't have hard facts that business will slow down in the next quarter, they will not paint a dim view but continue the rosy picture. But look around you, everyone is getting hammered and the street is looking for excuse to sell. For Instance, Adobe: Analysts expect them to meet estimates (which it did) but it got hammered anyways due to concerns of slower growth. Yes, ORCL applications business is up 66% but what is 279 million in revenues for a company that is doing 2.7 billion?? Just keep that in mind.
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