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Technology Stocks : Oracle Corporation (ORCL)
ORCL 201.95-1.5%Nov 28 9:30 AM EST

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To: Chris who wrote (3470)10/23/1997 8:23:00 PM
From: mike fredricks  Read Replies (1) of 19080
 
I agree 110%
nothing fundamental has changed since a week ago. the problem today was a reaction to hong kong. oracle is still in a great position and both the us and europe are very strong economically. the future for oracle is to tap new markets such as latin and south america which already had their currency problems are growing at a very strong rate.

Also look at the future. nt 5.0 will be coming out soon. companies will begin to see the increasing costs involved with upgrading every few years and will look closer at the network computer. one point also i see is that every week in the help wanted and wall street journal employment, there are the big acctg and consulting firms all looking for people with oracle experience. the products must be growing as well as the consulting due to the high demand.
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