Oracle Corporation (ORCL) Message Board

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Technology Stocks : Oracle Corporation (ORCL)

ORCL 169.01

-2.2%

Jan 29 3:59 PM EST

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To: MeDroogies who wrote (10916)	6/7/1999 2:07:00 AM
From: Adam Nash	Read Replies (2) of 19080

Can someone explain to me why ORCL is a buy at these levels? Projected 17% earnings growth is not exactly giving me a warm feeling - neither is a P/E ratio of 23 based on FY01 earnings projections. I've been holding ORCL for 2 years, with a lot of ups and downs, but I've seen it's projected growth rate come down by over 10%. Why buy ORCL at 30? Is there any possibility at all that ORCL will grow earnings at 25-30%?

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