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


To: zc66 who wrote (7745)7/2/1998 10:02:00 PM
From: hasbeen101  Read Replies (2) | Respond to of 19080
 
Some Earnings Growth Expectations from Zacks:

Company Next Yr Next 5 Yr
ORCL 24.5% 24.4%
MSFT 19.5% 23.7%
INTC 21.1% 19.5%


If the market really believed these numbers, Oracle's
stock price would not be so low. I don't think the
market believes Oracle will make these numbers.

BTW I just read a study which shows that analyst
estimates of future earnings for US stocks are on average
biased upwards by more than 50%. The institutions are
well aware of this and discount estimates accordingly.