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Pastimes : Ask Mohan about the Market

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To: Defrocked who wrote (10518)12/8/1997 5:22:00 PM
From: Cynic 2005  Read Replies (1) of 18056
 
AFTER THE CLOSE******

(from briefing.com)

Rambus Inc (RMBS) 56 1/8 +4: developer of chip interface technology says its development deal with Intel is "right on track." However, says Hambrecht & Quist analyst "got a little carried away." Says there is "no reason to think" that Intel chip is ahead of plan....

Oracle Corp. (ORCL) 32 3/8 +1 3/16: relational database software concern posts a fiscal 2Q net of $0.19 a share, four cents below the First Call estimate, vs year-ago net of $0.18 a share; revenues rose 23% to $1.61 bln; however, company is disappointed with results, cites economic conditions in the Asia-Pacific region for poor results.....


I expect some hair-cut for both of these. I am beginning to like the management of RMBS. Most of their statements seem to have less of the last two letters of their stocks ticker symbol. -g-

-Mohan
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