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Technology Stocks : All About Sun Microsystems

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To: Dale J. who wrote (12486)12/10/1998 4:56:00 PM
From: Mike Milde  Read Replies (2) of 64865
 
"I was going to add to my SUNW short position, but I decided to add to my ORCL short position instead. They report today after the close."

Ouch...

"The world's second-largest software company (ORCL) said it earned 28 cents per share, 4 cents more than analysts predicted. That's up from 19 cents per share in the same quarter last year."

That's 16% above analysts expectations. Dale, I suppose I don't have to tell you that people who buy Oracle database software are buying hardware to run their databases on... and it's not Windows that the Oracle guys use.

Good luck. :)

Mike
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