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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: Carmine Cammarosano who wrote (3960)	12/9/1997 1:53:00 PM
From: Xpiderman	Read Replies (2) of 19080

>>20 times next year's earnings = $22 a share for Oracle...Next years earnings have now been cut to $1.10...<< Why would you use 20 times earning, instead of 15 times earning (15% growth last Q) or 30 times earning (long term growth rate)?

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