1 posts and columns on Brendan Barnicle

Voices

Oracle Rallies; Waiting Out the Storm in Redwood Shores

in News on March 19, 2009 at 12:56 pm PT

Oracle shares today have rallied impressively following last night’s better-than-expected results for its fiscal third quarter ended in February. The analysts who track the stock were generally impressed with the numbers; I would note that is the same crew that had been cutting expectations heading into the quarter. (Though even most of the estimate-cutters continued to recommend the stock.)