Uriel: Wow so there still life left in Oracle it seems, 32% annual expected growth coupled with a stock price target of $40.00, hey it's looking goog.
Thanks for bringing this article to the thread's attention.I especially liked the following part and I quote:
<Oracle won almost universal praise for gaining a foothold in nearly every major area of enterprise computing: database, software development tools, software applications and systems management. "It's probably the best example of an enterprise software company because it's one of the few vendors that does it all," says Andrew Roskill of Smith Barney. "Oracle stumbled in the very early 1990s,but since then, the stock has been a very solid performer. The stock is up 2,800% since the beginning of 1991 - an impressive track record."
Roskill expects Oracle to grow 32% annually in the next three to five years. He predicts EPS of $1.10 in fiscal 1998, rising to $1.43 in fiscal 1999. Alex Kotlyar of Donaldson, Lufkin & Jenrette Securities Corp., who has a buy on the stock, thinks Oracle could trade in the low $40s in the next few months.>
Source: streetnet. |
