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

To: Rob Rob who wrote (7521)	6/18/1998 10:54:00 AM
From: Roy F	Read Replies (2) \| Respond to of 19080

RESEARCH ALERT - Smith Barney cuts Oracle estimate June 18, 1998 10:16 AM NEW YORK, June 18 (Reuters) - Salomon Smith Barney said Thursday it lowered its 1999 earnings per share estimate on Oracle Corp. ORCL to $1.10 from $1.15. -- In its research note, Salomon Smith Barney said it dropped its estimate because of lower margins. Oracle on Wednesday announced fourth quarter earnings per share of $0.41, beating consensus estimates of $0.38. --"Given increased focus on Application business, we are concerned that management may take its eye off the ball in the database and tools business in FY99," Salomon said in its note. --Oracle was up 7/16 at 24-3/4. ((--Wall Street Desk, 212-859-1730)) REUTERS -------------------------------------------------------------------------------- Following are Reuters Alerts related to this article -------------------------------------------------------------------------------- ALERT SALOMON SMITH BARNEY LOWERS ORACLE '99 EPS TO $1.10 FROM $1.15 REUTERS --------------------------------------------------------------------------------