Oracle Corporation (ORCL) Message Board

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Technology Stocks : Oracle Corporation (ORCL)

ORCL 142.82

+4.6%

Feb 6 9:30 AM EST

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To: Jaroslav Skrenek who wrote (7915)	7/16/1998 9:59:00 PM
From: Wheats	Read Replies (2) of 19080

Jaroslav, The Henley interview lasted 2-3 minutes with few specifics other than a weak Asia, and strong everywhere else. He did mention that he expects the application business to grow, but again, no specifics. Lots of confidence though. If you have seen or met him, he is quite the gentleman and is viewed by most to be credible. I think long term the stock goes higher based upon current valuation. Also, when you look at alternative investments such as Microsoft or Dell and realize that those Companies currently are valued with P/E's in the 70's, ORCL looks cheap. Short term technically stock is over bought. However, I wouldn't be surprised to see the stock in the mid to high 30's by year-end. Also, as I mentioned previously, if Sybase can report a profit as they did today of $0.01, the database business couldn't be that bad; this could indirectly help ORCL tomorrow. And then there's the shorts to think about.

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