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Technology Stocks : Oracle Corporation (ORCL)
ORCL 201.04-0.4%Dec 1 3:59 PM EST

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To: seth thomas who wrote (3718)12/2/1997 4:52:00 PM
From: Trader Dave  Read Replies (1) of 19080
 
I'd make a strong bet against more than a penny in either direction. My pulse checks suggest eps are ok, but my anecdotal evidence has been wrong in the past. the questions will focus on the mix of business and the general outlook for the next few quarters.

given the negative psychology, i think you'll see a rebound with an in-line quarter, but boy is the tech market ugly! I bet not many people remember the days when a 20 multiple was a pe you paid for a growth company.

I hope that's not the market scenario we're headed towards, i still think the u.s. market is a safe haven and the boomers still have a lot of catching up to do on their retirement savings.

TD
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