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


To: Rafael Kronzon who wrote (7400)6/16/1998 6:03:00 PM
From: Mike Farrar  Read Replies (1) | Respond to of 19080
 
The mood is definitely nervous right now. I expect a sell off tomorrow
into the earnings release. The strong US dollar has got to have a big
impact on ASIAN profits. I think they will meet estimates, but not the whisper
number. I also think we will receive warnings about slower quarter to
quarter sales and shrinking margins. It was disappointing to see the NASDAQ
up 37 points and ORCL down 5/16. Larry might be doing some explaining
tomorrow afternoon, why things are not going as well as expected. Good
luck, to all.