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Technology Stocks : Oracle Corporation (ORCL) -- Ignore unavailable to you. Want to Upgrade?

To: grogger who wrote (11706)	9/13/1999 11:52:00 AM
From: MeDroogies	Read Replies (1) \| Respond to of 19079

That hasn't been my experience over the last year and a half. Every time, but one, when they've beaten earnings, I've been on this board laughing about the shortsightedness of people who sold off with terms like "licensing revenue is light", "revenues not what they should be", "profited due to cost cutting, which can't be reproduced". Sure, it rallies afterward, but I remember the stock taking a hit right after earnings almost every time.

To: grogger who wrote (11706)	9/13/1999 10:16:00 PM
From: Ron	Read Replies (2) \| Respond to of 19079

"Chief executive Larry Ellison said last month that "the quarter looks good." He said the company had continued to make progress on its plan to cut $1 billion in expenses over the next 18 months, and he predicted the software maker's operating margins would improve. "People are buying the stock because they're thinking the quarter is going to begood," said Andrew Brosseau, an analyst with SG Cowen, who has a 'buy' rating on the stock. Oracle is forecast to report earnings of 16 cents a share when it releases its first-quarter results according to analysts polled by First Call. Oracle shares jumped 31 percent on July 16 after the company reported better-than-expected fiscal fourth-quarter profits.(A lot of folks including me, think ORCL will also beat the whisper number of .18) Good luck to all