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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: Dennis who wrote (10049)3/12/1999 11:39:00 PM
From: John Stichnoth  Read Replies (1) of 19080
 
I forgot one other point. I am bothered by the way recommendations so often occur after a stock has made a big move. It would take more nerve, and would lead to greater errors, for an analyst to recommend a stock that is just sitting there. But they would be forced to do more fundamental work--and their ideas might have more value.

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3. IPO should be for 10 million shares, priced at $10. I'll take 10% of the public entity. If we hit it right, it will bounce to $45 on the first day of trading and I'll sell. <g>

Best,
JS

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