Oracle Corporation (ORCL) Message Board

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Technology Stocks : Oracle Corporation (ORCL)

ORCL 220.68

+0.1%

10:03 AM EST

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To: TCGNJ who wrote (6540)	3/24/1998 12:47:00 PM
From: Almasy	of 19080

>Bought more during the January low when everyone thought this company was going to the dogs.< This always surprised me. So Oracle missed a quarter. I work for a competitor and as soon as I heard about the drop I went out & bought stock - Oracle are dominant in this market and, contrary to what everyone is saying, the market for database is not saturated. It may be stabilizing, but no one builds applications today without at database at its heart. They are also moving aggressively in the applications space which is where much of the growth in the technology market will be. In the greater scheme of things NC is an irrelevance, IMHO, but Oracle are well positioned to profit from various initiatives.

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