PSFT - Fiscal 1998 - Discussion for the next year Message Board

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Technology Stocks : PSFT - Fiscal 1998 - Discussion for the next year

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Oct 29 5:00 PM EST

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To: Raptor who wrote (174)	3/10/1998 10:05:00 AM
From: Tom Smith	Read Replies (1) of 4509

Raptor & Melissa, Since you folks are looking for an entry point, I thought I would point out to you that ORCL announces earnings on Thursday after the close. I think expectations for ORCL apps numbers are good, which would account for PSFT's recent strength. Also, according to briefing.com, ORCL says they will post a transcript of their conference call on their web site. I don't believe they have done this in the past and I doubt that they would do such a thing if they had bad news to report. Last quarter ORCL was very quiet about discussing their results. What effect any of this will have on the price of PSFT is not clear. Maybe "buy on the rumor, sell on the news" will cause a drop after Thursday. Then again, maybe good ORCL numbers will drive PSFT higher. In any case, I would expect some volatility this week. Tom

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