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Technology Stocks : Oracle Corporation (ORCL)
ORCL 189.81-4.5%Dec 12 3:59 PM EST

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To: voodoo who wrote (9735)3/7/1999 11:22:00 AM
From: aps  Read Replies (1) of 19080
 
Well psft runs primarily erp, while orcl got its database, development tools, and erp. It has a better chance of making it through than psft. I have a bad feeling about psft, I think the stock is going lower. There is just too much insider selling on that. But do not underestimate the problems that orcl is having it could easily mean a drop in revenues for next quarter. This especially when orcl was getting ready to project itself as an internet company and was going to demand high evaluations from the market, it is going to come as a blow and as you may remember from the psft debacle, it does not take long for the analysts to react and bring the stock down 40-50% lower right on opening. IF oracle projects softer numbers, as i suspect they will then be ready for that downturn. I hope I am wrong, but I am afraid that I might be right.
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