Dan, << The following is from the newswire >>
I see I'm a quarter off !!!!!!!!!!!!!
March 6, 1998 12:40 AM
By Kevin Morrison
SYDNEY, March 6 (Reuters) - Oracle Corp chief operating officer Ray Lane said on Friday that he does not expect the U.S. database software group to surprise Wall Street analysts with its third quarter results due next Thursday.
"Last time we came in four (U.S.) cents under the market. I don't expect to surprise the market this time," Lane told Reuters after announcing a A$48 million investment in Australia.
Analysts expect Oracle, the world's second largest software company, to report 20 U.S. cents a share for the third quarter, which ended February 28, according to Zacks Investment Research.
Oracle's second quarter profits rose 4.5 percent to US$187 million, or 19 U.S. cents a share, from US$179 million, or 18 cents, in the same quarter a year earlier.
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Wall Street had expected Oracle, based in Redwood Shores, California, to earn 23 cents a share in the second quarter.
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Larry |
