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Technology Stocks : Oracle Corporation (ORCL)
ORCL 185.57-2.2%9:35 AM EST

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To: Allegoria who wrote (4460)12/13/1997 5:21:00 PM
From: lml   of 19080
 
A: Because this company's market cap is based upon growth in earnings, not earnings per share. High growth companies (20%/yr & up) enjoy high PE multiples. When quarterly earnings indicate a possible slowdown in long term growth, the market will punish the stock severely. Bottom line: high risk-high reward.
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