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Technology Stocks : All About Sun Microsystems

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To: jim kelley who wrote (8934)4/7/1998 11:48:00 PM
From: John T. Hardee  Read Replies (1) of 64865
 
Tuesday April 7, 8:44 pm Eastern Time

RESEARCH ALERT-SoundView ups Oracle EPS estimates

NEW YORK, April 7 (Reuters) - SoundView Financial Group software and services
analyst Jim Mendelson said he expects Oracle Corp (ORCL - news) to earn a penny
more than he expected this year and a nickel more in 1999.

-- He lifted estimates for the current quarter to $0.39 a share from $0.38 a share and
for fiscal 1998 to $0.94 from $0.93.

-- For fiscal 1999, Mendelson expects earnings per share of $1.17 now, up from his
previous forecast of $1.12.

-- Ratings are unchanged at short-term buy and long-term hold.
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