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Technology Stocks : Oracle Corporation (ORCL)
ORCL 198.80-5.6%Nov 21 9:30 AM EST

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To: Simon who wrote (4128)12/9/1997 10:47:00 PM
From: syborg  Read Replies (1) of 19079
 
It has been interesting reading the views of several new contributors to this thread. I am sure many of you are aware of my previous posts and lack of enthusiasm for ORCL's technology. However money is money and it does appear that this is a good time to aquire a position. However, for the poll takers my trigger point is 16 3/4. Why?

* Multiple downgrades leading the sheep to hold their money.

* Fools that will liquidate their holdings in order to buy the GI Joe with Kung Fu grip.

* Great odds that Larry's ego will be in full force now and will turn off potential sheep.

* There is not enough money in the pool of SI wolves to pull this stock up.

* Just try and buy an NC for $299 that is worth anything. If you want something substantial you have to buy 2 of them for $4999. This does not seem price competitive with a PC or Mac.

* Read the tech threads and find out about how unimpressive Oracle 8 is in real life. Sorry... just not enough market for huge databases to show off the features that have been improved.

* Other $1B dollar companes in this sector have proven that you can fall further. Althoough recovery is also possible.

Just my thoughts to add... syborg
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