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Strategies & Market Trends : Intraday Updates, Analysis & Strategies for Daytraders

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To: Dave Gore who wrote (400)	3/16/2001 10:19:03 AM
From: Lane Hall-Witt	Read Replies (2) of 589

Dave -- ORCL: Wow! I thought ORCL's announcement was awful. The thing that worries me most is that they said, in their pre-announcement, that Applications growth would be 50 percent -- and they only delivered 25 percent. I don't know what the explanation for that discrepancy is, but it would suggest a real problem with financial controls. I bet Ellison wants to kill his CFO! I like ORCL long-term because I'm a believer in their vision for the applications suite. But I'd expect a pretty rough road, near-term. Good luck!

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