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Technology Stocks : Oracle Corporation (ORCL)
ORCL 189.97-4.5%Dec 12 9:30 AM EST

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To: aps who wrote (8156)9/4/1998 11:58:00 PM
From: Ed Stern  Read Replies (1) of 19080
 
My broker said the reason why ORCL is doing so poorly is that analysts are shunning it after last December's bomb. He heard that from a big brokerage house. Analysts were not in a good mood when they 'shocked' them by their poor earnings. To my way of thinking, if these 'analysts' were worth their big dollars, they would know what the hell is going with their companies they follow - not downgrading after the fact... any fool can do that. Now things seem to be improving (even in this miserable envirnoment) and analysts still are shunning them. I'd like to tell those 'analysts' where to stick it !!

Good investing to all

Ed
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