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Technology Stocks : Oracle Corporation (ORCL)

ORCL 177.16

-0.6%

Jan 23 9:30 AM EST

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To: Diamond Jim who wrote (11194)	6/17/1999 11:59:00 AM
From: Andrew Fenic	Read Replies (2) of 19080

No question in my mind that Oracle is heading for a $50 - $75 trading range. It deserves and will get a valuation comparable to other high growth software and net firms. Best thing of all, Oracle is extremelely profitable. They are arguably the single best investment with which to safely leverage the E-Commerce and Net Computing Revolution. Thousands of companies will grow and die in this new arena but IMHO most will be powered by Oracle back-end databases. I also project huge demand for consulting services. Ellison has delivered (!)

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