Oracle Corporation (ORCL) Message Board

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Technology Stocks : Oracle Corporation (ORCL)

ORCL 164.58

-2.6%

Jan 30 9:30 AM EST

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To: Tarzan who wrote (8673)	10/19/1998 9:04:00 PM
From: WiseGuy	Read Replies (2) of 19080

Thread, with the recent cut in interest rate and the active stance of the fed to fight off slowing world economies, the dollar has weakened against foreign currency (esp. the Japanese's yen) and should remain so. This is a bullish sign for ORCL and multinational companies as a weaker dollar could mean several percentage points of revenue growth as a result of favorable currency translation. ORCL was bit in the past by a couple of percentage points in revenue growth due to a stronger dollar, so I expect the weaker dollar would reverse this trend. Comments?

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