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Oracle Japan Ord Shs OCLCF

Oracle Corp Japan is a Japan-based company mainly engaged in the sale of software, servers, storage and hardware. The Company operates in three business segments. The Cloud & License segment is engaged in the sale of database management software, middleware, application software used in corporate activities, and the provision of services for these software and hardware through the Internet, as well as the provision of software license renewal rights and technical support. The Hardware Systems segment is engaged in the sale of servers, storage, engineered systems, network equipment, as well as the provision of technical support, repair service and maintenance for hardware products. The Service segment provides consulting services, advanced customer support services and education services.


PINL:OCLCF - Post by User

Bullboard Posts
Comment by Redskin88on Apr 27, 2002 11:34am
110 Views
Post# 5054514

RE: oversold: time to start buying ?

RE: oversold: time to start buying ?Based on the lowered guidance of earnings of 40cents. At 25x, its not cheap by most standards, but in this case Orcl historically trades at 25-30x's. If software spending "softens" even more, your right it will probably trade down to 8. If thats your view, short it or buy puts on a rally day. 88.
Bullboard Posts