Oracle Corporation (ORCL) Message Board

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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: Sam Nizam who wrote (4092)	12/9/1997 7:53:00 PM
From: Box-By-The-Riviera™	Read Replies (1) of 19079

ORACLE (ORCL) Smith Barney Downgrade 1-H TO 3-H Estimates New Old Consensus Close (12/08) Next Qtr. $0.19A $0.23 $0.23 $32 3/8 1997 $0.92 $1.10 $1.10 Target 1998 $1.18 $1.43 $1.41 $29 Downgrading to 3-H after announced 2Q shortfall. ú Announced disappointing results for its NovQ that were well below our and Street estimates -- EPS $0.19 vs $0.23 estimates. ú Co cited many issues including Asia/Pacific, saturation in certain vertical industries, and on-going organizational challenges and maintains a cautious 3Q outlook.

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