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Technology Stocks : Oracle Corporation (ORCL)

ORCL 196.99

-1.6%

Nov 25 3:59 PM EST

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To: bob who wrote (12309)	11/4/1999 6:02:00 PM
From: bob	Read Replies (2) of 19080

A post from Yahoo that isn't spam or just BS for a change. <<< Previous \| Next > [ First \| Last \| Msg List ] Reply Oracle in November by: gordenzbob 11/4/1999 11:30 am EST Msg: 46403 of 46436 First, you guys predicting a pullback based on T.A. or overbought indicators have no idea what you are talking about or more likely - are clueless of a larger trend that's superseding day-to-day/T.A. stats. This reminds me a lot of the Yahoo, AMZN & QCOM runs - ones in which thousands of people using T.A. and other "quantitative tools" shorted on apparent overbought indicators and ended up losing billions collectively. I think a lot people going against the tape here are in for some hard lessons. The bigger trend is here is that Oracle has become synonymous with the internet-based 21st business model. Corporate leaders understand the peril of being unprepared for this format. And they need Oracle to help them adopt this model. Sure, alot companies can boast that they can provide this. But the reality is that the internet-enable business model is dependent upon the company's database - the area that Oracle is not only the undisputed leader, but years ahead of the next alternative. In short, the public needs to invest (401K, etc.) desperately in winners of this global, deep, business transition that is underway. And Oracle is standing head & shoulders above the rest here. Alot of people have known this for months & years, but now it only seems like it's reached the attention of the masses. I don't want to sound like a predicting moron, but it would not surpise me if Oracle hit 90 by year-end. And I will be surpised if it does not hit 70 by December. Good Luck & don't fight the tape. >>

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