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Technology Stocks : Oracle Corporation (ORCL)
ORCL 216.78+1.1%3:51 PM EST

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To: Michael Young who wrote (10088)3/13/1999 6:40:00 PM
From: alydar  Read Replies (1) of 19080
 
Let me see. Year over year ORCL's stock price is up well over 50%. True, it was up over a 100% but lets look at things realistically (i.e. Mike). ORCL was overvalued at mid 30's and they did fall a little short (i.e. less than 5% top line growth) in revenue. Maybe Y2K had something to do with this? DELL, CPQ and yes, even the mighty MSFT will have it's own problems.

As a long term holder of the company/stock I am happy with it's performance. They have postioned their product lines very well for internet and this will be realized at some point in time. No one out there can tell me what Y2K's impact is on any technology stock. For most companies it is not good for revenue growth.

Having said that, keep in mind that patience is a virtue, and Mike, and I believe that I can speak for a majority of people who read this thread, either shut up, tone down your MSFT bias, or go away.

Your friend, bob
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