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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: Voltaire who wrote (33749)	3/16/2001 11:00:44 AM
From: im a survivor	Respond to of 65232

Actually, I did see the humor.....I guess I just thought it was ill timed after the $hit I got yesterday from some folks.... No problem on my end....I have learned there are far more important things in life then worrying about what people that don;t even know me, think about me...I say, let them have their opinions...after all, this is america last time I looked. best of luck Keith

To: Voltaire who wrote (33749)	3/16/2001 11:38:17 AM
From: stockman_scott	Respond to of 65232

Oracle Shares Sink to Lowest Level Since 99 Friday March 16 11:15 AM ET <<NEW YORK (Reuters) - Shares of Oracle Corp. (NasdaqNM:ORCL - news) sank on Friday to their lowest price since November 1999, after the company reported earnings that met previously lowered forecasts and said it was uncertain about future results because of the weakening U.S. economy. Shares of the world's No. 2 software maker, behind Microsoft Corp. (NasdaqNM:MSFT - news), fell to $13-15/16, down 3/4, or 5 percent, and well off their year high of $46-7/16. After the close of the market Thursday, Oracle reported third-quarter earnings of $583 million, or 10 cents a share, compared with $503 million, or 8 cents a share, a year earlier. On March 1, the company warned its profits would be 10 cents per share, instead of the 12 cents a share analysts had expected. Following the news, analysts cut their estimates for the year and the quarter and some downgraded the stock. Credit Suisse First Boston analyst Brent Thill cut Oracle's rating to a buy from a strong buy and earnings estimates for the fourth quarter to 13 cents a share from 18 cents and reduced predictions for fiscal year 2002 to 49 cents a share from 56 cents. SG Cowan analyst Andrew Brosseau cut fourth-quarter estimates to 15 cents a share from 18 cents and fiscal year 2001 estimates to 44 cents a share from 60 cents a share. For fiscal 2002, Brosseau slashed estimates to 52 cents a share from 60 cents. Meanwhile, Goldman Sachs lowered estimates for fiscal year 2001 to 45 cents a share from 47 cents and fiscal year 2002 estimates earnings per share to 51 cents from 57.>>