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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host

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To: Trebor who wrote (2356)12/10/1997 11:00:00 PM
From: mister topes  Read Replies (1) of 42834
 
Sounds like you followed the wrong Oracle analysts. Goldman Sachs
Oracle analyst recently removed Oracle from the Recommended List
and observed at $32 that the stock lacked upside potential.
And I guess tonight at $23 that was a fair comment. Nice work
Goldman Sachs! Looks like the other Oracle oracles got left at
the trading post before the floodgates opened.
One thing if for certain though. Every earnings shortfall for
the next several quarters will be in one way or the other linked
to the Asian situation. Sure does provide CEO's with plenty of
fodder for excuse abuse. And, of course, there is always
El Nino, the old reliable excuse for just about anything that
happens this year.
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