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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: Xpiderman who wrote (3739)	12/4/1997 5:57:00 PM
From: Joan Osland Graffius	Read Replies (2) of 19080

XyZhao, >>I got the $46 target from my ML broker. He said, according to ML's "latest" research, analyst set a $46 target for ORCL. Yes, this came out last week, after one of the houses put out a negative statement on Oracle. I could have been wrong that the number was $46 instead of $47 and my understanding is it was a 18 month projection. We need to watch the street estimates for Oracle. Shilakes estimate for Oracle is $.24 and he is generally right on target. If the street estimate is larger than this, it could be considered a negative. I do know his estimate for the year is greater than the street. BTW, Shilakes took a trip to Oracle and sent out a bulletin after the meeting with management. He used to be the IR person for Oracle and has done a good job of representing the company for ML.<ggg> Joan

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