Oracle Corporation (ORCL) Message Board

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Technology Stocks : Oracle Corporation (ORCL)

ORCL 207.71

+3.3%

Dec 3 3:59 PM EST

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To: Chris who wrote (3443)	10/20/1997 6:06:00 PM
From: Xpiderman	of 19080

All stocks trade in a relative stable P/E range every year. For ORCL, this range in last five years is roughly 30 ~ 50. Right now, ORCL is in its mid to low P/E range: trailing P/E = 39, forward P/E = 30. On the T/A side, ORCL's 200-DMA is $33 1/4, and provides nice support. I will load up ORCL as soon as the T/A turns positive. What do you think? Xy

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