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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?


To: kendall harmon who wrote (11109)3/11/1999 7:57:00 PM
From: 2MAR$  Read Replies (3) | Respond to of 56535
 
>>ORCL<< Far down in after-hours:
AFTER THE BELL-Oracle drops sharply after results

--------------------------------------------------------------------------------


NEW YORK, March 11 (Reuters) - Shares in software company
Oracle Corp. ORCL.O dropped 19 percent in after-hours trading
on Instinet on Thursday after the company reported quarterly
earnings.
The stock dropped to 30-7/8 from its Nasdaq close of
36-7/8. In regular trading, it had dropped 1-1/16.
Although the company's earnings rose 36 percent and were in
line with expectations, some analysts expressed concern about
growth in the company's licensed database revenues

**Maybe buying-op tomorrow!!

2MARS



To: kendall harmon who wrote (11109)3/11/1999 8:27:00 PM
From: LTK007  Respond to of 56535
 
thanks kendall---this will indeed be a falling knife--the worst that could happen is that if one buys the bottom it sticks in the floor--that would be a breakeven---they are saying they they are going to miss by 27cents,or actually the entire profit the analysts were calling for(plus or minus a penny)---oops:) Max90