Oracle Corporation (ORCL) Message Board

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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: Wizard Wannabe who wrote (8772)	11/6/1998 12:44:00 PM
From: Doughboy	Read Replies (2) of 19080

Having taken a look at the downgrade, it doesn't look all that bad. It seems like a real "hold" rather than a "sell-disguised-as-a-hold." The report simply says that they set a price target of $30 (back on Sept. 11 when they upgraded ORCL from hold to buy), and now ORCL has surpassed the target. A downgrade is never good news, but all in all not so bad. The price is still holding up above 30 which is a good sign, IMO. Doughboy.

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