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


To: joshi who wrote (3865)12/9/1997 9:15:00 AM
From: Rob C.  Respond to of 19080
 
Right now....

ORACLE CORP(ORCL)
Bid: 30 BidSize: 10 Open: 0
Ask: 23 AskSize: 10 Close: 32 3/8
Last: 0 High: 0 Div.: 0.00
Change: No Chg Low: 0 Yield: 0.00
A.High: 42 1/8 P/E: 44.97 Volume: 6316200
A.Low: 22 3/8 EPS: 0.72



To: joshi who wrote (3865)12/9/1997 9:18:00 AM
From: Narotham Reddy  Respond to of 19080
 
09:20, Ask 23, Vol: 6.5 Mil

On instinet. I guess it may fall below the April level.

Narotham



To: joshi who wrote (3865)12/9/1997 9:19:00 AM
From: SteveG  Respond to of 19080
 
fwiw- H&Q cuts ORCL to hold:

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Pre-announcement caused by shortfalls in database (3% growth) and applications (7% growth).

Currency impact about as forecasted; drop-offs in Asian demand and in the historically strong telco market in the US were acute.

Sales force re-organization has not been as successful as anticipated--further adjustments made.

"Database deflation" appears evident in many areas of the market--increasing capacity and usage, but lower price points and realized revenue.

New product uptake also appears low, outlook for the February quarter is quite cautious.

Reducing forecast for six quarters; lowering rating to HOLD on three month stock outlook. Longer-term, Oracle is well positioned but faces transition issues in the move to a new business model.
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To: joshi who wrote (3865)12/9/1997 9:19:00 AM
From: gambler2  Read Replies (1) | Respond to of 19080
 
Itchy finger to buy or dump??