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

To: Hardly B. Solipsist who wrote (17160)	6/6/2002 12:15:24 PM
From: MeDroogies	Read Replies (1) \| Respond to of 19080

By buying back shares and retiring them, you lower the number of outstanding shares, and you can raise the EPS. It's a BS way of saying ORCL bought their way to meeting the estimates. In reality, if they made the .12, analysts will compare outstanding shares in an "apples to apples" manner. If, in fact, ORCL made .12 by buying back shares, then (by using the # of available shares from last year or last quarter), the comparative EPS willl be lower than .12.