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Technology Stocks : Oracle Corporation (ORCL)

ORCL 216.75

-4.5%

3:22 PM EST

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To: KY who wrote (10416)	4/8/1999 10:10:00 AM
From: myicon	Read Replies (2) of 19079

This is not particularly in response to your message but this message is to the Oracle thread in general. Michael Murphy, the technology guru himself, had this to say about Oracle's recent uncalled for selloff,"This drop is similar to the decline in Intel last summer to below $75 a share. In retrospect, one wonders what the sellers were thinking-if they were thinking at all". And, "Oracle is the second-largest independent software company behind Microsoft, and Wall Street is holding a 35%(now more like 50%)off clearance sale. Take advantage of it". "In April they'll introduce a matching version of their Customer Relationship Management suite, which moves all aspects of selling and customer service through an Internet interface to the 8i database. Both of these products should reaccelerate Oracle's revenue growth". Murphy obviously thinks this major selloff is unfounded if not downright crazy. Hang in there, and gather enough courage to buy more at these super discounted levels.

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