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Technology Stocks : Oracle Corporation (ORCL)
ORCL 189.81-4.5%Dec 12 3:59 PM EST

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To: Tech Master who wrote (6560)3/25/1998 10:06:00 AM
From: Kevin Yang  Read Replies (1) of 19080
 
For what it's worth, looks like MSFT is giving ORCL some credit.
But MSFT has a habit of playing down expectation after reporting good earnings..

From briefing.com:

... Microsoft announced in conference call that it expects to beat street estimates for the current quarter by 10%... Street had been looking for a gain of $0.44... Sees Q3 revenue growth of 17%-18% over last year... Then went on to say growth over next few quarters will slow and that it faces increased competition from Oracle, Sun and IBM... Also noted that Asia remains weak but no evidence of accelerating weakness... But street pooh-poohing cautionary comments as typical Microsoft... Stock up nearly 4 points in after hours trading at 88 1/4.
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