Oracle Corporation (ORCL) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Oracle Corporation (ORCL)

ORCL 204.96

+4.0%

Nov 26 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Captain Jack who wrote (3956)	12/9/1997 1:50:00 PM
From: Ted Sasscer	Read Replies (1) of 19080

Your wish comes true in the teens if you wait. Today's action knocks ORCL's PE ratio down to the low 30's. Over the past 2-3 years their growth has been slowing from 40ish percent per year to 30ish percent, now in the 20's percent per year. According to the PEG ratio theory, ORCL has historically traded at a healthy premium to it's PE ratio, due primarily to the earnings growth predictability. Once it becomes unpredictable, like today, it gets punished. That is why I think we will see the stock in the high teens before the next quarter is out. If you are patient, it will be a good buying opportunity. Oracle is a good long term investment. Don't be distressed that you are losing money today - just think, Larry Ellison is down over $2 billion today! There now, don't you feel better? Ted

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next