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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: StanX Long who wrote (55487)	11/14/2001 12:27:56 AM
From: StanX Long	Read Replies (1) \| Respond to of 70976

Posted at 6:45 a.m. PST Tuesday, Nov. 13, 2001 Oracle warns it will miss quarterly expectations LAS VEGAS (AP) -- Oracle Corp.'s chief executive said late Monday the database software giant would likely fall short of Wall Street's earnings estimates for its fiscal second quarter. Larry Ellison told reporters at the Comdex trade show that the tough economic environment following the Sept. 11 will probably mean Oracle will miss analysts' earnings expectations of 11 cents per share for the three months ended November, as compiled by Thomson Financial/First Call. Ellison said he now expects earnings of 9 or 10 cents per share. Shares of Oracle closed Monday up 2 cents to $15.40 in trading on the Nasdaq Stock Market.