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Technology Stocks : Oracle Corporation (ORCL)
ORCL 179.96-5.8%Jan 20 3:59 PM EST

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To: paul who wrote (565)12/8/1996 10:10:00 PM
From: grogger   of 19080
 
Not that their numbers weren't good but 3 quarters ago (3rd Quarter last year maybe?) they missed estimates by 1 cent. This and some negative news by IFMX sent the stock spiralling and this is when bought in. I too feel though that they really need to beat estimates at the current valuation in order to keep going up. Hopefully they will.

Rob
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