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Technology Stocks : Oracle Corporation (ORCL)
ORCL 146.66-5.1%Feb 4 3:59 PM EST
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To: Jeffrey A STEPHENS who wrote (4813)12/29/1997 9:53:00 PM
From: Don Dunlap  Read Replies (1) of 19080
 
Jeffrey, one analyst was dead on about his assesment concerning Oracle. I think it was the Merrill Lynch guy. His downgrade brought the stock from the mid to high 30s down to 30. That was before earnings were released. Of course with many analysts following a stock and making recommendations, one of them is going to be right some of the time.
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