C-Cube Message Board - Msg: 2933023

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Technology Stocks : C-Cube

CUBE 36.42

+1.1%

Dec 11 3:59 PM EST

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To: Stoctrash who wrote (26489)	12/10/1997 9:58:00 PM
From: Stoctrash	Read Replies (1) of 50808

<off topic> Complacentcy breads failure! Oracle's stock performance in the past year supports Hochfeld's argument. After peaking near $42 per share in August, the stock has slid almost 50 percent in less than four months, with most of that decline coming in Tuesday's trading. Oracle did post a profit of $187 million, or 19 cents per share, on $1.6 billion in revenue in the quarter, but that's only a penny more per share than the year-ago quarter. "Another big problem for Oracle is the climate there," Hochfeld said. "They've chased off some of their best and brightest salespeople and have no sense of teamwork whatsoever. There's an arrogance that's inexplicable. They talk a lot about thin-client but that's hardly a mantra to keep people awake at night."

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