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Technology Stocks : Oracle Corporation (ORCL)
ORCL 198.80-5.6%Nov 21 9:30 AM EST

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To: MeDroogies who wrote (17510)9/3/2002 8:35:28 PM
From: Lizzie Tudor  Read Replies (2) of 19079
 
re: But pretty much in line with what SHOULD have been expected....LOL.

Was this expected, certainly not by me anyway. I thought new orders were artificially depressed in July thanks to the stock market crash. I was expecting a rebound in orders.

In what ISM said was a cause of concern for manufacturers the rest of the year, the new orders index fell in August to 49.7 after having tumbled more than 10 points in July to 50.4.

That showed new orders, a key source of future growth and production, declining for the first time since last November and raised the prospect factory output could shrink later in the year.

biz.yahoo.com
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