Oracle Corporation (ORCL) Message Board

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Technology Stocks : Oracle Corporation (ORCL)

ORCL 217.60

+1.5%

Dec 5 9:30 AM EST

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To: Bipin Prasad who wrote (3659)	11/25/1997 10:59:00 AM
From: Joan Osland Graffius	of 19080

Bipin, I have a long position in Oracle that I have had for a long time. My reason for buying this position and adding to it over the years is because Oracle has been increasing its place in the Market. If they continue to gain market shre I will continue to hold the stock. Now I can not see in the future. The analyst at ML was pounding the table this morning and said his target for the company stock is $46 in 18 months. I noticed it opened up but is giving up ground right now. This risk IMO here is will the street continue to give the company a high PE because of continued performance. ML seems to think so. Sorry, for not having any better information for you. If you send me an email I can send you the latest ML bulletin. Joan

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