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

To: Paul Chiu who wrote (18847)9/19/2006 7:21:34 PM
From: lml  Read Replies (1) | Respond to of 19079
 
All I heard, Paul, were the analysts who stated that upside to the stock was limited because (i) they were expecting earnings on the low end of the forecast range & (ii) the stock has had a considerable move the past month.

Obviously, exceeding earnings estimates surprised many. Hence, the nice move in the after-market.



To: Paul Chiu who wrote (18847)9/19/2006 8:10:16 PM
From: William F. Wager, Jr.  Read Replies (1) | Respond to of 19079
 
Oracle results, posted after the closing bell, helped lift the stock 13% to $18.28 in after-hours trading. The company's stock price, up 32% this year, last week hit its highest point in four years.

The Wall St Journal


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