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Technology Stocks : Oracle Corporation (ORCL)
ORCL 198.80-5.6%Nov 21 9:30 AM EST

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To: Lizzie Tudor who wrote (8310)9/11/1998 11:24:00 PM
From: MeDroogies  Read Replies (1) of 19079
 
Michelle, it's hard to lead the market when you practically own it (Linux growth far outstrips Windows...does that mean MSFT is doomed?). Apps growth isn't the FUTURE anymore. It must continue to be good - absolutely. But ORCL has done a wonderful job realizing that they own such a large portion that they have to create revenue from peripheral areas....and they are doing a great job that way.
You HAVE been overly negative the last 3 quarters, and while the stock has moved in a negative direction...ORCL has clearly shown that news of its death are greatly exaggerated. Why continue to beat a horse that is moving nicely down the stretch?
I agree with the fellow who posted here and said that ORCL is being punished by Wall Street for last year's surprise. I expect Wall Street is now over that, and is starting to embrace ORCL again. This is a market that deserves a 40 p/e, and ORCL deserves that or better.
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