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Technology Stocks : Oracle Corporation (ORCL)

ORCL 142.82

+4.6%

Feb 6 9:30 AM EST

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To: grogger who wrote (279)	9/29/1996 11:28:00 PM
From: Richard Forsythe	of 19080

Hi Rob, FYI, Microsoft didn't warn about a slowdown. What happened was that they filed their 10-K with the SEC. That 10-K contained the statements made about 3 months ago by the CFO in the analysts meeting; that things had gone really well over the previous year and the management thought things would slow down a bit. In fact MSFT promptly lost 10 points and the market recovered only when Intel announced their earnings for the year. All that happened in July. Why Reuters chose to make a story about a comment made 3 months earlier (but only recently filed with the SEC) i have no idea. But MSFT have not made any comments about this quarter's revenue or earnings, so I presume they'll come in slightly above analysts expectations as usual. Richard

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