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Technology Stocks : Oracle Corporation (ORCL)
ORCL 217.60+1.5%3:59 PM EST
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To: Paul van Wijk who wrote (9469)2/1/1999 11:48:00 AM
From: lml  Read Replies (1) of 19080
 
Historically, ORCL has announced its stock splits to maintain a price range of high 20s to mid-50s. I don't think this will change unless there is a FUNDAMENTAL reason for doing so.

The dot-com frenzy appears to be coming to an end -- not resulting in a "crash & burn" right now, but perhaps a leveling off & a return to some sanity. A stock dividend policy based upon market euphoria is not a prudent policy to be expected from a well-established company like ORCL. If management focuses just on their business & markets, investors will come.
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