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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: William C Fields Jr who wrote (3454)10/22/1997 9:07:00 AM
From: Trader Dave  Read Replies (1) of 19080
 
I'm not short any longer (I don't have an ax to grind)Investors are very skittish about the weak performance of the database business last quarter. (Up roughly 5% year over year) especially goiven the market weakness in sybs and infmxe. I think they need to see a rebound tto 15% to 25% growth to regain comfort. I can't think of a fundamental catalyst until November earnings come out.

TD
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