Oracle Corporation (ORCL) Message Board

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Technology Stocks : Oracle Corporation (ORCL)

ORCL 207.71

+3.3%

Dec 3 3:59 PM EST

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To: pafsanias who wrote (10013)	3/12/1999 3:24:00 PM
From: Michael Young	Read Replies (2) of 19080

<<I'm simply saying that we have to get back to basics (earnings numbers, p/e multiples.. you know, the REAL numbers, not bullshit whisper numbers and analyst speculation) and stop letting all of these outside influences drive the market. Part of being an objective investor is realizing that this kind of manipulation exists. >> That stuff isn't "manipulation." It is simply a matter of perception running into the brick wall of reality. The perception of investors (large and small) was that ORCL would show more impressive growth than it did. Now the stock is simply letting a lot of air out. You could ban all analysts, but it wouldn't change anything. Are you suggesting that investors should somehow be banned from running up stocks on high expectations? MIKE

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