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Technology Stocks : Oracle Corporation (ORCL)
ORCL 202.23-1.2%3:59 PM EST

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To: grogger who wrote (416)11/15/1996 12:35:00 AM
From: Ernest Emerick   of 19080
 
Rob,

$50???? are you kidding me???

Try by the end of the month, hell maybe by the end of the day tomorrow.......

The analysts are as usual, way under the mark, Only need one to come out and adjust his estimates upward.

Earnings will again be blow-out, the Stock will again go up $4-$5 around that time, and I see easily $60 or $65 by the end of the year, The uptrend has been too steady;

I do agree that it may well split before it hits $60 though, so these levels will probably be split adjusted......

Seems that if anything was going to hold this one back, the MM's would have been able to keep it at $45, just like they are doing with Intel at $120, until after Options expirations tomorrow, We may see this one run big time next week!!!!

Ernie
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