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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: t2 who wrote (77859)6/4/2001 12:34:08 PM
From: tcd  Respond to of 99985
 
briefing com reported on ORCL this morning:

07:26 ET Oracle Corp (ORCL) 15.86 +0.56: Robertson Stephens remains cautious on ORCL; firm thinks that the May qtr-aside from the $0.03-$0.06 EPS miss expected by the Street-will be light on the top line; believes stock is fairly valued at current levels given the high degree of uncertainty about the business and risk to ests. Does note however that on Fri, ORCL announced plans to report Q4:F01 results on June 18th -suggesting that the co will not pre-release earnings or provide commentary on the qtr for another two weeks. Although it is possible that ORCL does in fact pre-announce, this was a positive surprise.