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To: Rob S. who wrote (6330)12/10/1997 3:20:00 AM
From: Z Analyzer  Respond to of 9124
 
Maybe now we'll see a flight from quality (the beginning of the end of the notion that the big, growth compamies are worth any price and the rest are worth nothing).



To: Rob S. who wrote (6330)12/10/1997 3:38:00 AM
From: Rational  Respond to of 9124
 
Rob: Your guess is right. Here is an excerpt from NYT:

"It's the volume that's telling," said David Readerman, an analyst with Montgomery Securities. "That's a proxy for a lack of confidence in Oracle on the part of the major institutions." Noting that Oracle's second-quarter sales in the United States, Canada and
Latin America had fallen $50 million below his own estimate, Mr. Readerman said, "The Americas was a larger revenue miss than Asia."

Sankar


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