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Technology Stocks : Oracle Corporation (ORCL)

ORCL 220.55

+1.4%

3:59 PM EST

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To: zc66 who wrote (4602)	12/17/1997 12:39:00 PM
From: vinod Khurana	Read Replies (3) of 19080

The good news refarding Oracle corp: 1) The Telecoms which parred their spending on ORCL products in 1997 will start implementing in the coming year. Singapore Telecom has got the ball rolling. Our company, another utility company and a heavy user of ORCL products is planning on upgrading to the next major release within 3 months. I am hearing that this account will alone generate upto $20 million in revenue for ORCL. Looking at the latest charts, I think we are going to make a spike to the $26 level anyday now. The initial selling will occur at $24 but once those sellers are out of the way and taken care of, $26 - $27 is on the horizon. This stock has not had a $1 1/2 - $2 daily move up since it fell from heaven. I think we are close to seeing it. The Dec. 25 call options are trading 1/8 - 3/16 and were as high as 1/4 yesterday. With the markets expecting these calls to expire worthless, I believe we will see $25 soon after this Fridays options expire. The Santa Clause rally and the new years rally are going to contribute to the rise besides the fact that mutual fund managers are going to come in big time and invest part of their assets in this company going into 1998. Oracle is still the leader and MSFT is tied up with the DOJ overs its Windows 95 and IE issues that it is going to focus their attention away from competing at the database level. Oracle is free and clear for a takeoff. Informix is in deep trouble as can be seen with its latest stock price (under $5 on last checkup). Those funds holding IFMX are going to sell that junk and pump the money into a guarenteed money maker. No other place to turn to expect Sybase, ORCL and MSFT. The technical rally is about to begin so brace yourselves. V.K

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