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Technology Stocks : Oracle Corporation (ORCL)
ORCL 198.80-5.6%Nov 21 9:30 AM EST

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To: Bald Man from Mars who wrote (11888)9/15/1999 5:20:00 PM
From: Edwarda  Read Replies (2) of 19079
 
Not if the second half of the fiscal year shapes up as I think it will with lots more data warehousing for data that has been made Y2K compliant. Even ERP should benefit as the Y2K overhang dissipates and companies go back to the projects for which they ran out of time before Y2K lockdowns; Oracle is bound to get some of that business.

I don't think that there is a whole lot of upside, probably to $50 if one is estimating earnings per share of $1.05 for the current fiscal year and $1.25 for fiscal 2001. But I don't see it heading for the thirties unless the sector overall tanks.
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