StockIceMan's Weekly Stock Pick
Week of June
10th,2002
| Stock: |
Oracle
Corporation |
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|
| Ticker Symbol: |
ORCL - Nasdaq -
Software/Programming |
| |
|
| Buy: |
8.25 to 8.35 |
| |
|
| Sell: |
12.00 + |
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|
| Info: |
Oracle
Corporation is a supplier of
software for information
management. The Company develops,
manufactures, markets and
distributes computer software
that helps corporations manage
and grow their businesses. The
Company's software products can
be categorized into two broad
areas: systems software and
business applications software.
Systems software is a complete
Internet platform for developing
and deploying applications on the
Internet and on corporate
intranets. Systems software
products include database
management software, application
server software and development
tools that allow users to create,
retrieve and modify the various
types of data stored in a
computer system. Business
applications software, which can
be accessed with a standard Web
browser on any client computer,
automates the performance of
business processes for customer
relationship management, supply
chain management, financial
management, project management
and human resource management. |
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|
| Financial Info: |
For the nine
months ended 2/28/02, revenues
decreased 10% to $6.83 billion,
while net income decreased 8% to
$1.57 billion. |
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|
| Key Ratios: |
Current
Ratio: 2.25; Total Debt/Equity: 0.05,
P/E: 19.81, Price/Book: 7.66,
Price/Sales: 4.75 |
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|
| Share Info: |
There are 5.49
billion shares outstanding with 4.12
billion shares in the trading
float. 2603 Institutions own
approximately 41.0 % of the
shares outstanding. There have
been no insiders buying and 4
insiders selling a total of 320,000
in the last six months.
As of 5/8/2002, there were 45.4
million shares short.
Net Institutional Buying: 81.2
million: prior to latest quarter. |
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| Articles: |
Oracle Denies
Report About More Job Cuts |
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