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Technology Stocks : Oracle Corporation (ORCL)
ORCL 195.71+0.4%Jan 2 9:30 AM EST

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To: seth thomas who wrote (547)12/4/1996 6:39:00 PM
From: grogger   of 19080
 
I think if it slides back - buy again! Earnings come out next week and should be pretty good. If they are we should be looking at 60. There will also probably be a stock split announced too. It usually splits around this level. If earnings are not great then it may sell off. I think the market always gets nervous when ORCL's earnings come out, but I've had it the last two quarters and when earnings came out it jumped 3 one time and 4 1/2 the next time. The market always worries and creates a good buying opportunity. As far as IFMX is concerned I really don't believe they'll hurt ORCL. ORCL is still the leader which they'll always (and unsucessfully) try to catch. Next week we'll probably be talking about how strong of a quarter it was.

Rob
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