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Technology Stocks : Oracle Corporation (ORCL)
ORCL 191.97+6.6%Dec 19 9:30 AM EST
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To: ilan saadia who wrote (3590)11/12/1997 5:35:00 PM
From: Francis Matthews  Read Replies (2) of 19080
 
Because ORCL is overvalued. Look at its eps growth for the past several quarters, about 35%. So the fair value for ORCL under the current market situation is about $25. MSFT is even more overvalued and due to a sharp correction any time in the next two quarters.
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