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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: Lizzie Tudor who wrote (17514)9/12/2002 2:04:26 PM
From: Lizzie Tudor  Read Replies (1) of 19079
 
anybody think any different than this... (sounds right to me)-
Oracle (ORCL) 9.66 -0.14: Banc of America expects co. to outperform market due to strong product cycles, easy yr/yr comparisons starting in November, advantaged suite-approach, and record operating margins despite today's poor environment; thinks shares offer attractive risk/reward; checks indicate co. on track to meet Q103 ests of $0.07 and will likely provide modestly encouraging outlook, particularly for improving applications results; firm encouraged by co retaining its position as "big dog in databases"; reiterates Buy rating and price target of $13. Despite bullish note, shares are 1.4% in the red on market weakness.
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