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Technology Stocks : Oracle Corporation (ORCL)
ORCL 235.64-3.4%10:16 AM EST

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To: SouthFloridaGuy who wrote (16104)8/30/2001 2:16:32 PM
From: Joe Waynick  Read Replies (1) of 19079
 
I'd be interested in knowing how you arrived at $5 per share as fair value. I'm coming up with $10, with provisions for a possible $7.50 bottom.

I wouldn't say ORCL is immune from the technology meltdown, but I wouldn't put it in the same camp as the .com's either. ORCL actually makes money. Lots of it. So a sell off is inevitable for sure, but it won't go bust.

Worst case, they'll be bought. Remember IFMX?

Joe
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