Oracle Corporation (ORCL) Message Board

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Technology Stocks : Oracle Corporation (ORCL)

ORCL 197.62

+1.2%

Dec 24 12:59 PM EST

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To: grogger who wrote (6784)	4/5/1998 8:36:00 PM
From: Bipin Prasad	Read Replies (1) of 19080

This was over reaction from the meeting. It's true some bought in anticipation of strongest 4th qr. So they sold them on fri. But analysts left their earnings estimates left largely untouched. Larry is in charge of operational responsibilities for the company's applications business. 10.0 will come out in late April or early May. So we'll have good one+ month to bring in more rev for the qr. IMO, ORCL didn't want to set unreasonably high expectations and tanks hard later. Some companies like MSFT routinely warns street to set reasonable expectations and beats the estimates. As usual, I like ORCL because they take care of share holders. regards, BPP(Bipin's partner)

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