Re: Oracle: welcome to the basement

Posted in 1997

W. H. SMITH — Wed, 10 Dec 1997 19:55:22 GMT — source: Informix-list mailing list archive (1991-1998)

Joe Lumbley wrote: > > Talk about turnabout being fair play! Even though Oracle only missed > analysts estimates by about $.04/share in net earnings, some commentators > are blaming the precipitous drop in share prices on a dissapointment that > Oracle did not rise more, considering the financial troubles that > Informix was having! > > Hey, Oracle, everybody thought that you'd do a lot better, considering > that Larry's been saying that Informix is at death's door. > > Sure hope that ORCL doesn't have some little financial irregularities > hidden away in the closet, waiting for disclosure ;) > > joe > Seems like they had some problems in 1990-1991. Their share prices were worse then Informix's prices are now.