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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: OmertaSoldier who wrote (9704)3/3/1999 9:03:00 AM
From: MeDroogies  Read Replies (1) of 19080
 
I'm assuming that's $50 post split...LOL. $75 seems to be most analysts' view of the price by year end ($75 pre-split).
If they blow by an estimate or two (.06 this qtr, for example), that will seem conservative, and you'll see upgrades from $50 to 60 or 70.
The rest of the sector is wheezing and ORCL is chugging along. That is a great sign. Our PE's should start to climb into some higher ranges if that sort of thing occurs (and keeps up).
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