Lioness Associates, Inc.

Economic & Corporate Risk/Yield Reports

September 16, 2012  -- Oracle Risk/Yield for 2012

Oracle is reporting earnings in a few days and while it has had a nice run-up recently and may continue until earnings are released, the ORCL 2012 Delta Core/Transient and ORCL 2012 Risk/Yield graphs are not indicating a surge of momentum after the earnings.  The core momentum stays in the yield area although it does dip a bit before heading up again. A likely cause would be that earnings might be as expected and guidance is OK or earnings might be disappointing but, guidance is better than expected.  Another possibility is that the price runs up previous to results being released that the equilibrium price is reached prior to earnings.    


Disclosure as of 9/16/2012 - Oracle (ORCL) is not part of our portfolio at this time.