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Technology Stocks : Oracle Corporation (ORCL)

ORCL 189.97

-4.5%

Dec 12 9:30 AM EST

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To: lin huan chen who wrote (5152)	1/24/1998 11:50:00 AM
From: George P. Stergio	Read Replies (2) of 19080

Thank you for your insight into the contrarian viewpoint on Oracle. I am one of those that are extremely interested in investing a chunk of change into the Oracle recovery. History shows that a seasoned tech company such as oracle will eventually iron out the kinks and return to profitablity. With an intelligent, competitive and dedicated CEO, this company can rebound in a strong way. Remember IBM only a few years ago. I believe that $20 per share for Oracle over the long haul will prove to be an intelligent buy. The 20 of 28 hold ratings will eventually turn to outperforms or buys and then the roller coaster ride upward begins. Remember that these analysts are all reactive and not proactive. Their ratings are all changed AFTER news hits, good or bad. Show me one analyst who downgraded Oracle before the bad news hit, and I'll show you a liar. I am going to take your advice from your posting and hold out a little longer to see some direction of this stock, but the downside seems limited. I can't wait to get on board. Thanks

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