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Technology Stocks : Oracle Corporation (ORCL)
ORCL 201.07+1.1%12:54 PM EST

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To: Captain Jack who wrote (5295)2/2/1998 3:09:00 AM
From: lml  Read Replies (1) of 19079
 
Before this stock moves higher, I think we will see some profit taking. Price is up roughly 25% based upon Ellison's comments. Amazing.

Naysayers are focusing on the limited scope of Ellison's comments to this Q. They're asking . . . but what about beyond this Q? Can the claimed 25% growth be maintained?

Who's correct on the assessment of the intermediate-term future of the database market? Is it the heads of these companies who get their info directly from the people on the frontlines, or is it the Wall Street analysts like Sherland who maybe have a more "birdseye" view of the whole industry? IMHO, there seems to be a game at play here for control of investor sentiment of proper valuation of companies in this market.

So I tend to agree with you, John. I think 2Qs of 25% growth (or better) will tend to prove Ellison & not the analysts correct. This is what it will take to prop back up ORCL to previous levels.
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