Stock Attack II - A Complete Analysis Message Board

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Strategies & Market Trends : Stock Attack II - A Complete Analysis

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To: dennis michael patterson who wrote (23977)	11/13/2001 3:08:48 PM
From: Chris	Read Replies (1) of 52237

In Play 14:56 ET Oracle Corp (ORCL) 14.52 -0.88 (-5.7%): -- Update -- Goldman Sachs' Rick Sherlund cautious on ORCL; reducing Nov ests by a penny to $0.10; seems to be no rebound from the difficult month of Sep. Had previously estimated a 15% decline in licence revenues for the Nov qtr, but believes 25% drop is more likely (which compares favorably with greater rev declines for SAP and SEBL). Notes that while business is still difficult in this qtr, ORCL's salesforce reports that Feb and May qtr pipelines seem to be strengthening. Maintains Market Outperform rating.

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