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


To: philipah who wrote (10575)4/28/1999 8:49:00 AM
From: Racso  Read Replies (1) | Respond to of 19080
 
To all: according to CBS Watch ORCL made a very positive presentation during the H&Q conference. Quote:
"ORCL has begun to turn the corner in Asian sales, a company executive said. Gary Bloom, No 2 executive for products, said ORCL continues to see improvements in that troubled region. Over the past four quarters, sales in Asia have dropped 2 percent, compared to a 24 percent increase in overall revenue. An Asian turnaround is significant to ORCL, which is currently in its fiscal fourth quarter. Analysts expect 40% of its total annual revenue in the final quarter".