J.P. Morgan: Corporate software Q4 results seen strong

LOS ANGELES (AFX) -- J.P. Morgan analyst Adam Holt on Monday said he still believes that most enterprise software companies under his firm's coverage will likely post strong fourth-quarter results. "However, we generally don't expect guidance to exceed March [quarter] consensus estimates," he said. Holt said "the December quarter was generally strong and applications vendors should report good quarters similar to Siebel and Oracle ." This story was supplied by CBSMarketWatch. For further information see www.cbsmarketwatch.com.

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