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 |
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
T.R | Title | User | Personal Name | Date | Lines |
---|---|---|---|---|---|
731.1 | expense growth too high | SAGE::SILVERBERG | Mark Silverberg DTN 264-2269 TTB1-5/B3 | Fri Sep 07 1990 21:51 | 10 |
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 Gary Kennedy, the recently positioned President of ORACLE USA has been replaced by Mike Fields.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 |