Both Red Hat and Oracle had excellent quarters, but Oracle’s was apparently not “excellent” enough for Wall Street’s tastes. Its shares and the market went south on fears that technology spending is in decline. Apparently Wall Street didn’t notice that Red Hat actually raised its fiscal year 2009 guidance. …

Source:The Open Road

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This entry was posted on Friday, March 28th, 2008 at 9:07 am and is filed under Business and Politics. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.