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Technology Stocks : Oracle Corporation (ORCL)
ORCL 220.55+1.4%3:59 PM EST
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To: John Wright who wrote (9328)1/13/1999 5:25:00 PM
From: grogger  Read Replies (1) of 19080
 
John,

I'm definitely not saying they are like an internet company. However, due to the fact that they are providing software to internet companies they deserve a higher P/E based on the internet boom. Look at MSFT and CSCO, DELL, they are not internet companies but do a lot of business either as a result of or on the Web. They have healthly P/Es which ORCL may deserve. The internet should continue to spur growth and if they can keep coming in with strong earnings we should be in great shape.

Rob
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