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Technology Stocks : Oracle Corporation (ORCL)
ORCL 214.37+3.2%Dec 4 3:59 PM EST

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To: Maverick who wrote (4421)12/11/1997 9:18:00 PM
From: Kumar Nathan  Read Replies (2) of 19080
 
"According to a report issued by Morgan Stanley Dean Witter,
Oracle management said it believes database sales could grow
20 percent to 25 percent during the next two to three quarters.

The report said the company believes a stock buy-back from
Oracle is likely because of the current low stock price"

I think this is a very positive ending note. This tells us that the street is anxiously waiting for a buy-back announcement to move the stock up. I expect Larry to make some announcement. His abrupt cancellation of CNBC is a very arrogant attitude. And he hasnt bothered to announce any corrective measures for the reduced forecasted growth.

I clearly see a pattern of behavior between this guy and ASNDs Mory Ejabat. Both are violating the golden rule of " Dont Piss off Analysts"

Regards

Kumar
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