Oracle and Red Hat earnings: Is Red Hat weathering the recession...

Courtesy CNET Tech blog  Fri, 03/28/2008 - 8:32am

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.

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