[BW] Oracle Rising: "OK, so how much of this is good-old-fashioned Wall Street bandwagon jumping to be reversed as soon as SAP reports a good quarter, and Oracle stumbles? Well, even before today—when it matched its 52-week high at $15.21 per share—the stock has looked better in 2006. Investors in general are comforted that the big deals—and all the uncertainty that comes with them—seem to be done for now. But the real test will be Oracle’s first quarter. It has missed it three years in a row. If it makes it this year, SAP may start losing some of its Wall Street fan boys."
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.