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Technology Stocks : Oracle Corporation (ORCL)
ORCL 202.72+0.4%11:56 AM EST

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To: Bald Eagle who wrote (11467)8/18/1999 11:37:00 AM
From: Bipin Prasad  Read Replies (1) of 19080
 
1. Perception about ORCL from most analysts have changed after another strong earnings. The biggest problem with LE was credibility. LE ticked off a lot of analysts earlier because he did not give them special "warnings" in advance. I agree with LE that why they should get advanced warnings before average Joes. However, market doesn't work that way as you know well. Now LE pays more attention to price movement and knows how to handle analysts and average investors at the same time.

2. Public finally came to grips with "what ORCL actually does - back born of Internet world."

3. y2k related problems in most companies are over, so managers got oks to upgrade from 2nd half '99. ORCL is well positioned to harvest most benefits from corp's upgrades.

hope it helps,

InSook Prasad
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