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


To: SouthFloridaGuy who wrote (15516)3/4/2001 2:47:51 PM
From: SouthFloridaGuy  Respond to of 19079
 
Oracle exec says guidance holds, sales not slowing
SAN FRANCISCO, Feb 13 (Reuters) - Software giant Oracle Corp. (NASDAQ:ORCL) stood by its bullish
forecast for the fiscal third quarter ending this month, an Oracle sales executive said at an investment conference on Tuesday.


What changed ORCL thread, huh? They knew, you got duped, you continue to get duped.

"Our guidance hasn't changed from what we announced," Oracle Executive Vice President George Roberts said.

Speaking at the Robertson Stephens Technology Conference here, Roberts said the company still expected to see
database license revenues rising between 15 percent and 20 percent, and applications revenues increasing up to 75 percent from the year-ago quarter.

Roberts, who manages sales in the Americas, said he has seen no indication that business was slowing with the
overall U.S. economy....