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Strategies & Market Trends : Z Best Place to Talk Stocks

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To: Kelvin Taylor who wrote (39347)5/2/2002 11:21:28 PM
From: DanZ  Read Replies (2) of 53068
 
Here's another comment on ORCL that was on the wire today.

Oracle (ORCL) gave up 10 percent to $8.55 after Lehman Bros. said the company has a "low" likelihood of meeting fiscal fourth-quarter expectations. Analyst Neil Herman lowered his fiscal fourth-quarter and full-year profit and sales outlook, citing pricing pressures, continued employee exits and a tough industry climate. But he kept his "buy" rating due to the stock's "limited" downside and "significant" upside potential once the economy improves.
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