The leading database software company will report its fiscal third quarter results tomorrow after the close of trading. The Motley Fool will cover the earnings with a special collection, and Oracle's follow-up conference call as well. Oxford Health was noticeably absent from the list, but the stock presumably fell in sympathy with the group. A central theme of the article is that as the rate of delinquencies creeps up, investors are at last beginning to differentiate between deals offered by the larger, better-capitalized companies and those offered by smaller, riskier competitors. Last week, I had the pleasure of corresponding with Jim Rollyson about the outlook for marine services companies.
Traders are concerned about the impact on dayrates of new vessels that are being built.
Attrition of older vessels is another factor that the market has possibly underestimated, as well as the conversion of some existing vessels for 3D seismic exploration. Trying to catch the market. Copyright 1997, The Motley Fool. All rights reserved. This material is for personal use only.