Oracle has an August quarter, so we are more compelled to cut estimates now. Siebel is September, so we could wait, but the numbers just look too optimistic. Given cost reductions, the EPS cut for Oracle is small, but the growth rates for Siebel are much faster, so EPS reductions more significant.
More Quotes from Rick Sherlund:
We expect the release of Windows Vista and Office 12 to further drive revenue as both products are being designed to take advantage of collaborative features in the next generation of server products (SQL Server 2005, BizTalk Server 2006, and the 'Longhorn' or Vista Server likely due out in the second half of calendar 2007).Rick Sherlund
The stock may not yet be entirely out of the woods if the December quarter results do not show some further re-acceleration in corporate PC (personal computer) demand, at which point there may be a better basis for revising estimates further,
Rick Sherlund
They said the pipeline looks strong, but they've had difficulty turning that in to revenue,
Rick Sherlund
The company remains comfortable with our revenue and EPS estimates of 5.65 billion and 41 cents for the September quarter,
Rick Sherlund
We thought maybe 9 percent growth so 14 is good.
Rick Sherlund
We have over 100 civil actions already filed. There's concern that this gives them some leverage going forward.
Rick Sherlund
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