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

To: PLovering who wrote (11419)	7/31/1999 3:06:00 PM
From: Still Rolling	Read Replies (1) \| Respond to of 19080

Another ORCL bull! From TheStreet.com, July 31: (read to the bottom) Another day of strong economic data and another rough day for stocks and bonds have shaken the confidence of some. But Paul Rabbitt, president of RabbittAnalytics.com in Hermosa Beach, Calif., today reiterated the same bullishness I reported Wednesday. "I still think it's a steeply oversold market," Rabbitt said. "This is not the beginning of some runaway inflationary spiral. Economic releases so far don't verify, don't justify that position. ECI was up in the second quarter but first quarter was fairly low. Bonds have overcompensated." "I have been advising clients to be accumulating in this environment," he continued. "But my clients are not daytraders. They're positioning size and need pullbacks in order to buy the names they want to buy." For those with a longer-term horizon (and strong stomachs) Rabbitt recommends a variety of names for which his firm has done NO underwriting (being a quant shop, it ain't their game). In technology, he likes Xircom (XIRC:Nasdaq), Compuware (CPWR:Nasdaq), Oracle (ORCL:Nasdaq) and Electronics for Imaging (EFII:Nasdaq).