The warning follows last month's profit warnings from semi conductor company Intel and computer company Apple, which triggered a sharp sell off in technology shares. Even with the weak sales in Europe, Dell is still on track to post a hefty increase on revenues from last year. The company said it was still on track to meet its profit expectations in the third quarter. Oracle nerves Similarly, shares in software giant Oracle were heavily sold after an analyst at Merrill Lynch questioned the share's high price on Tuesday. The sell- off in Oracle shares can in part be attributed to its success.
Many analysts are unclear where the company can go from here.
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