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Technology Stocks : Oracle Corporation (ORCL)
ORCL 217.60+1.5%Dec 5 9:30 AM EST

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To: Kirk © who wrote (4335)12/12/1997 2:58:00 PM
From: Andrew Fenic  Read Replies (1) of 19080
 
I think what will drive ORCL forward in 1998 is tremendous "pent-up" demand for Oracle 8. In a way the situation is similar to Windows95. Companies are cautious about making the upgrade because they do not want to be the first to have a potentially buggy major upgrade bring their system to its knees. Once it becomes clear that many large institutions are on the Oracle 8 bandwagon, ORCL will experience very strong earnings and revenue growth that characterizes a new product cycle. And all indications are that, except for a few minor glitches, Oracle 8 is a solid product that will become the industry standard database. Right now it is simply goin through the usual new product teething pains.

In a way I'm glad Sedona never made it out. That product had the potential to destroy Oracle's reputation as a provider of relatively stable scalable software products; coupling it with Oracle8 could have been a disaster as Sedona's reputation might have been linked with the database upgrade.
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