die aktie hat im nachbörslichen handel sogar leicht zugelegt. somit sind wir im nasdaq auf der unteren unterstützung bei 1930 nach obenhin abgeprallt und sollten ab montag wieder leicht nach oben laufen. (falls keine hammerschlechten news anstehen)
hier die offizielle version von ORCL:
Friday December 14, 4:23 pm Eastern Time
Oracle down, Adobe up after earnings reports
(UPDATE: Updates to closing stock prices, adds details)
SAN FRANCISCO, Dec 14 (Reuters) - Shares of database software maker Oracle Corp. (NasdaqNM:ORCL - news) were down, while Adobe Systems Inc. (NasdaqNM:ADBE - news) was up on Friday, one day after each company reported revenues and earnings that fell during their recently completed earnings periods.
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Oracle's stock lost 10 cents, or 0.7 percent, to end at $14.57 on Nasdaq. Shares of publishing software maker Adobe rose $1.20, or 3.9 percent, to land at $31.83.
For its fiscal second quarter ended Nov. 30, Oracle posted per-share earnings that were in-line with the company's lowered guidance of 10 cents, on software license sales that fell more than anticipated.
Shares of the world's No. 2 software maker had gotten a lift in after-hours trade on Thursday, following the company's assertion that its business appeared to have bottomed in its recently completed quarter.
Oracle executives forecast third-quarter per-share profits of 10 cents, flat from a year earlier, but said fourth-quarter profits would be 2 cents to 3 cents higher than the 15-cent result the company posted last year.
The company also said it expects third-quarter software license revenues to see a percentage decline ``in the high teens'' from the year earlier, while fourth-quarter software revenues are expected to match year-ago levels.
``I think they might be a little overly optimistic ... We don't see the rebound being quite as soon,'' Sanford Bernstein research analyst Charles Di Bona told Reuters.
Di Bona said his fourth-quarter estimate is for unchanged earnings of 15 cents a share.
``Software tends to be a little bit of a lagging indicator,'' he said, noting that corporate profits have to come back before executives free up IT budgets.
In notes to clients on Friday, several analysts adjusted estimates without changing their ratings on the database software giant's shares, which are down about 50 percent year-to-date.
``We do believe that the month of September actually marked the bottom from a fundamental perspective for the software sector,'' Lehman Brothers analyst Neil Herman wrote in a note to clients.
``However, we do not have the evidence that the pickup in activity is truly the beginning of a sustained pickup. We do continue to worry about what the first two months of calendar 2002 will bring us,'' he said.
MARKET OPTIMISM
On Friday, Salomon Smith Barney analyst Jonathan Rosenzweig reiterated his ``outperform, high risk'' rating on Adobe.
The publishing software maker on Thursday posted fiscal fourth-quarter net income that fell by more than half as revenue came in below estimates due to a sharp decline in software spending after the Sept. 11 attacks.
``The quarter ... saw a much weaker top-line performance than anticipated,'' Rosenzweig said.
Adobe issued first-quarter guidance for earnings -- before charges -- of 20 cents to 22 cents a share, on revenue of $265 million to $280 million -- a forecast that was lower than Wall Street's consensus estimate at that time.
The software maker also stuck by its original 2002 forecast for pro forma earnings of $1.03 a share on total revenue of $1.3 billion, but said that it would revise that target if the economy gets worse.
Analysts had doubted whether the company could make good on that outlook, noting that it twice lowered its fourth-quarter outlook.
Nevertheless, its shares moved higher on Friday after shedding value in Thursday's extended trading session.
Robertson Stephens analyst Aleksandar Zorovic attributed the stock's current uptick to short-covering and the belated realization by some investors that Adobe's aggressive cost-cutting efforts could help boost next year's earnings.
``People didn't pick up on it immediately,'' Zorovic said.
Nevertheless, Di Bona and other analysts assert that investor psychology remains resiliently optimistic.
``I think people are looking for good news to believe in,'' Di Bona said. ``They have a tendency to be a bit optimistic and a bit too willing to accept news as good when it might be more indifferent or even negative -- and the same tendency to forgive bad news a little bit more than they want to believe.''
gruß & bye
zocki
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