Oracle Corporation (ORCL) Message Board

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Technology Stocks : Oracle Corporation (ORCL)

ORCL 195.71

+0.4%

Jan 2 9:30 AM EST

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To: dragonpawn who wrote (10651)	5/11/1999 6:35:00 PM
From: American Spirit	Read Replies (1) of 19080

With a PE of 31 and the way they are ramping up their e-commerce providing? I don't think so. Now that nets are recovering ORCLE deserves a high PE as a fast-growing cutting-edge powerhouse. If the market totally dumps ORCL could go down to its base of about 23. On the crash three Mondays ago it went to 21, I believe. That was a selling climax on sheer irrational panic. ORCL didn't stay there long. Rallied right back to 29+. If you are looking for 18 you're dreaming. This stock is a winner on its way up. See the Fortune article. All top ten communications companies use Oracle. So do most of the top ten e-commerce and portal companies. AOL just aigned a partnership with the. ORCL is king of the hill with virtually no competition. So wake up man. You're on the wrong train going in the wrong direction. You couldn't be moer wrong. So are you short or what? Must be. If you really believe that go ahead and short it. I'll take your money when you have to cover. Just follow the money, remember. The smart money. And ORCL is right there. Sure, lots of ad costs recently but they have redefined themselves very successfully and the ads ought to pay off mightily. Betting against ORCL at this junction could be very costly.

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