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Technology Stocks : Oracle Corporation (ORCL) -- Ignore unavailable to you. Want to Upgrade?

To: MeDroogies who wrote (11147)	6/16/1999 10:35:00 AM
From: Bipin Prasad	Respond to of 19080

Oracle Corp. (ORCL) 32 +6 7/8: --UPDATE-- Warburg Dillon Read upgrades developer of database management software products from "hold" to "buy" after the company posted better-than-expected fiscal Q4 results; raises price target from $33 to $39.....

To: MeDroogies who wrote (11147)	6/16/1999 10:39:00 AM
From: Bipin Prasad	Respond to of 19080

Oracle Corp. (ORCL) 32 +6 7/8 : --UPDATE-- Salomon Smith Barney raises FY00 EPS estimate from $1.00 to $1.05 and continue to rate the database software developer a "buy".....

To: MeDroogies who wrote (11147)	6/16/1999 12:24:00 PM
From: lml	Read Replies (1) \| Respond to of 19080

MeDroogs: IMHO, any resistance at these levels will be temporary. There was enough fodder in the numbers & in the conference call to provide ORCL with momentum over the longer term. The significance of the Q announcement is not only a positive Q, but one indicative that the overall strategy of the Company to become Internet centric is taking hold. And with the Internet stocks finally coming to within a more reasonable range of market valuation, investors should start to & will focus on the real companies positioned to benefit from the growth of e-commerce over the Internet. Looks like ORCL never really did lose its mo-jo. Groovy baby! Yeah!