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


To: Charles T. Russell who wrote (16039)8/12/2001 12:21:12 PM
From: eric ross  Respond to of 19079
 
I ran out of ammo. I guess I just have to wait for reinforcement from LE.

Actually the comments are not bad, meeting the quarter due to cost cutting. The most important thing though is that they are going to meet the quarter. As for the next, who knows, as no company can predict their next quarter revenue at this time unless they resort to widely used term of " acceptable accounting practices", i.e. acquisition and layoff/retrenchment related charges.

At 15 or perhaps 14, not bad for a profitable company with billions of revenue.