SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : USWeb (USWB) -- Ignore unavailable to you. Want to Upgrade?


To: R. Bond who wrote (970)6/16/1999 1:15:00 PM
From: Susan Saline  Read Replies (2) | Respond to of 1188
 
back in USWB ... holding supports well
in at 20 3/4



To: R. Bond who wrote (970)6/17/1999 12:49:00 AM
From: greenspirit  Respond to of 1188
 
Bond, here is a section of Oracle's earnings report today...

Oracle said the better-than-expected results arose from a rebound in sales of its database and applications software.

News of the strong quarter led several analysts to raise their ratings on Oracle and boost their earnings forecasts for the company.

Merrill Lynch analyst Chris Shilakes said he expected ''strong upside breakout in (Oracle) following blowout ... results.''

Oracle also announced it would cut 325 jobs, or less than one percent of its 43,000-person work force, as part of its effort to shift more of its business online.


In other words, the "web services industry" is booming, and Oracle is challenging USWB and others for leadership.

Michael