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Technology Stocks : Lucent Technologies (LU)
LU 2.490-1.2%Nov 28 12:59 PM EST
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To: Mark Palmberg who wrote (4390)10/5/1998 9:01:00 AM
From: Drew  Read Replies (1) of 21876
 
Mark, see Briefing.com for following in regards to Oracle:
briefing.com (short stories)
" 08:40 ET Oracle Corp. (ORCL) 26: Relational database concern warns in a 10-K filing that it is experiencing pricing pressures which will put pressure on revenues and earnings; implies that it may not meet earnings estimates. "Intense competition in the various markets in which the Company competes may put pressure on the Company to reduce prices on certain products, particularly in the database marketplace where certain vendors offer deep discounts in an effort to recapture or gain market share. In addition, the bundling of software products for promotional purposes or as a long-term pricing strategy by certain of the Company's competitors could have the effect over time of significantly reducing the prices that the Company can charge for its products. Shifts toward the use of operating systems on which the Company experiences relatively greater price competition could result in lower average license prices, thereby reducing license revenues for the Company. Any such price reductions and resulting lower license revenues could have a material adverse effect on the Company's business, results of operations or financial condition if the Company cannot offset these price reductions with a corresponding increase in sales volumes." In spite of comments, stock flat in pre-market trading." Hmmmmm..... Drew.
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