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Conference ulysse::rdb_vms_competition

Title:DEC Rdb against the World
Moderator:HERON::GODFRIND
Created:Fri Jun 12 1987
Last Modified:Thu Feb 23 1995
Last Successful Update:Fri Jun 06 1997
Number of topics:1348
Total number of notes:5438

731.0. "News Flash on Oracle!!" by JULIET::BLINCOE_CA () Fri Sep 07 1990 18:40

  News Flash from Santa Clara...
    
    Just heard a quick blurb on the radio this morning, that Oracle
    will report a LOSS and that their stock price has fallen 2+ points
    today and is trading at 7+.
        
    Congratulations to all of you who shorted Oracle stock!
        
    Carl
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731.1expense growth too highSAGE::SILVERBERGMark Silverberg DTN 264-2269 TTB1-5/B3Fri Sep 07 1990 21:5110
    News reports state ORACLE has given preliminary indications their Q1
    results will show 25% revenue growth & 50% expense growth which might
    result in a $.20 per share LOSS for the quarter.  ORACLE stated it will
    adjust expenses quickly to support the 25% revenue growth for the rest
    of the year & will be profitable in their Q2.  Gary Kennedy, the
    recently positioned President of ORACLE USA has been replaced by Mike
    Fields.  Looks like times are getting tight.
    
    Mark