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Technology Stocks : Oracle Corporation (ORCL)
ORCL 198.84-10.9%Dec 11 3:59 PM EST
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To: MeDroogies who wrote (9366)1/19/1999 5:35:00 PM
From: Doughboy   of 19080
 
A couple of positive analyst comments. I read the Merrill Lynch reiteration of its Buy recommendation (C-1-1-9--ML's highest recommendation). ML raised the target price from 60 to 65 (the target of 60 had only been set in December) and said that ORCL is leveraging the e-commerce market opportunity and release 11 of Applications will be a huge boost to revenue and margins. Analyst said that he thought that ORCL would exceed its all-time high margin.

Enjoy the ride.

Doughboy.
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