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Technology Stocks : Oracle Corporation (ORCL)
ORCL 204.96+4.0%Nov 26 3:59 PM EST

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To: Tech Master who wrote (5747)3/2/1998 4:25:00 PM
From: seth thomas  Read Replies (1) of 19080
 
Up more than 25% year to year? So you are saying ORCL will do more than 1.75 billion this quarter? That's a big number. And, to do .20 after tax, they'd have to turn a profit of around $320 MM pre-tax. That would be their second biggest quarter ever. To "blow it away," say .25/share, would require $400MM profit pre-tax.

You still think so? You think ORCL is about to announce it's second biggest quarter ever?

BTW, won't be much of my cash. I bought puts, when they were cheap, not shorting. My exposure is small, and upside is big. I'm already up over 50% on these and the stock hasn't even fallen big time yet.
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