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To: Shack who wrote (68929)3/18/2003 6:00:53 PM
From: Sully-  Read Replies (1) | Respond to of 209892
 
17:55 ET Oracle sees slippage in final month of Q3 (ORCL) 12.25 -0.10: -- Update -- On call, says it saw widespread slippage in business in final month of fiscal Q3 that was, in all likelihood, a function of customer concerns about Iraq conflict... added that its sales force reorganization probably had some impact that caused some deals to slip in quarter, particularly in North America, but it expects those deals to close early in Q4... ORCL -0.76 at 11.49

17:41 ET Oracle widens Q4 estimate ranges (ORCL) 12.25 -0.10: -- Update -- On call, says that due to heightened uncertainty due to war fears, it is widening its estimate ranges for fiscal Q4 (May)... Total revenue growth is pegged at -6% to +2%; new license growth pegged at -15% to +5%; and EPS is expected to be $0.12-0.15 (Multex consensus estimate is $0.14)