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Technology Stocks : Oracle Corporation (ORCL)
ORCL 221.64+0.5%3:59 PM EST

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To: RDH who wrote (7988)7/30/1998 9:33:00 PM
From: MeDroogies  Read Replies (4) of 19080
 
You may not wish you'd written those calls...IMO.
I feel that ORCL is resting...but that it is ready to move again. It has been overlooked for much of this year - with good reason. They haven't done "much" (except beat expectations).
Looking into next year, clearly another bump up in earnings is expected, and a nice one, too.
The best part is that I believe that the apps division is turning things around. Slowly, maybe, but I think faster than people give credit. ORCL will benefit as the August bull starts and tech stocks get another lift.
If ORCL goes back to 24, I'd be surprised. Not shocked, but surprised.
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