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Technology Stocks : Oracle Corporation (ORCL)
ORCL 198.61+4.7%3:59 PM EST

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To: paul who wrote (565)12/6/1996 12:37:00 AM
From: Punko   of 19080
 
It's the precisely pervasiveness of this kind of euphoric sentiment that worries me. Paul, if most people following this stock think as you do, Oracle will need to DRAMATICALLY beat estimates to avoid a sell-off.

A market that's overbought, a sector that has a very rosy outlook, a company that has really high expectations. Idunno, not much more can go right, and quite a bit can go wrong....I believe in Oracle's technology, its strategy, its products, and in the long term it will continue to beat the market, but right now people are foaming at the mouth over it. How much short term upside is there?
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