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Strategies & Market Trends : The Amateur Traders Corner

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To: 2MAR$ who wrote (9917)	5/29/2001 9:04:44 AM
From: Tom Hua	Read Replies (2) of 19633

09:01 ET Oracle Corp (ORCL) 16.51: Thomas Weisel Partners cuts ests for Q4 and FY2002 citing channel checks indicating demand is "not brightening"; believes enterprises continue to be wary about spending new IT dollars and sees a tough pricing environment; cuts Q4 revenue and EPS estimates to $3.3 bln and $0.14 EPS from $3.6 bln and $0.15 EPS and FY2002 to $12.2 bln and $0.48 EPS from $13.1 bln and $0.55 EPS. 08:59 ET Sun Microsystems (SUNW) 20.47: -- Update -- Time of mid-quarter update call was changed to 16:30 ET from 13:30 ET; dial-in numbers are 888-423-3273 and 612-332-0630.

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