Oracle Corporation (ORCL) Message Board

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Technology Stocks : Oracle Corporation (ORCL)

ORCL 210.67

-6.6%

3:59 PM EST

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To: BelowTheCrowd who wrote (17545)	9/17/2002 4:22:52 PM
From: Lizzie Tudor	Read Replies (1) of 19079

looks exactly in line according to this piece... but not great for sure Oracle's earnings are expected to decline to seven cents a share in the first quarter, several analysts predicted. A few brokerages, including Merrill Lynch and Daiwa Securities, expect slightly higher earnings -- eight cents a share -- because of continued cost cuts. A year ago, Oracle earned $510.6 million, or nine cents a share. However, quarterly revenue may disappoint, some analysts caution. Oracle's revenue has declined in five consecutive quarters as demand for its products has waned and competition has intensified. The consensus estimate calls for first- quarter revenue to fall about 10% to $2.06 billion. Some analysts fear it will decline more than expected because of weak sales in European and Asian markets, biz.yahoo.com

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