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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Earlie who wrote (210435)	12/18/2002 5:46:55 PM
From: mishedlo	Read Replies (4) of 436258

16:42 ET ORCL Oracle CFO confident worst is behind company, industry -- Dow Jones (10.61 -0.41) How many GD times do we have to hear this Bullsht? biz.yahoo.com Total revenue slipped to $2.31 billion from $2.38 billion. Key database sales were up just a hair from a year earlier at $643 million while sales of Oracle's applications to automate functions like accounting and customer service continued to struggle and fell 34 percent to $108 million. In all, total software license sales were down 6 percent year-on-year. "We're pleased that our database business started to grow again this quarter," Larry Ellison, Oracle's co-founder and chief executive, said in a statement. biz.yahoo.com Oracle's license revenue fell 7% to $764.9 million. The decline was less than the 10% to 15% drop the company and most analysts had projected. Oracle's services revenue fell 4% to $1.54 billion. Oracle's flagship database licenses was basically flat at $643.4 million, while its applications licenses fell 33% to $108.1 million. ======================================================================== Damn this shit pisses me off. Ellison and Chambers are the two biggest liars out there. If he wants to issue rose colored glass horeshit statements then he should be prepared to up forward guidance. ORCL beat by .01 fluffed down estimates they figured they could beat. By my estimation ORCL missed by a mile. I am really sick sick sick of this horsesht Where are those forward estimates if the bottom is in. Ellison is a liar and a cheat. As are they all. M

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