Oracle Corporation (ORCL) Message Board

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Technology Stocks : Oracle Corporation (ORCL)

ORCL 195.29

-1.6%

Dec 23 3:59 PM EST

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To: MeDroogies who wrote (9703)	3/3/1999 1:44:00 AM
From: OmertaSoldier	Read Replies (1) of 19080

Hope your right MeD......... I just received my portfolio managers weekly from DLJ, heres a little blurb from it. We recently raised our target price to $50, noting the feedback on the current quarter is positive. Our recent company visit confirms the stability of its database business, the strength of its new (internet-based) applications, and its improvement in execution, and thus margins. Oracle enjoys strong incumbency in a data-centric enterprise software market, and its high-end UNIX dominance is unlikely to be threatened in the near term as it turns in a strong, encouraging showing in the windows NT market. Importantly, its strategy looks consistent and coherent, and the better than expected fiscal second quarter 1999(nov) has enhanced this belief. They also like sunw, cpwr, vrts and cognf

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