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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?


To: Redhook who wrote (25075)11/17/1999 12:58:00 PM
From: U Up U Down  Respond to of 43080
 
RESEARCH ALERT - Oracle boosted by brokers
Wed Nov 17 10:36:00 EST 1999



NEW YORK, Nov 17 (Reuters) - Merrill Lynch, Lehman Bros.,
Salomon Smith Barney and J.P Morgan on Wednesday raised their
target prices and/or raised their ratings on software maker
Oracle Corp. .
-- Merrill raised its price target to $80.
-- reiterated buy rating.
-- cited "bullish outlook for November quarter and FY 2000
at company's 1999 Analyst Day."
-- said, "Oracle chief financial officer indicates that
second quarter of fiscal 2000 is tracking ahead of Street
forecasts."
-- said, "Company management feels 'more and more
confident' that Y2K will have no negative impact on business."
-- said, "We suspect management's bullish outlook stems
from rapid increases in e-business/Front Office application
sales, a post-Y2K rebound in traditional applications drivers,
and Oracle technology as the platform of choice for e-commerce
data management."

-- Lehman raised its price target to $82 from $53.
-- maintained its fiscal 2000 EPS estimate at $1.03.
-- raised its fiscal 2001 EPS estimate to $1.30 from $1.16.
-- said, "Senior management indicated that the current
quarter is very good. Pipeline is strong. First two months have
been the strongest seen in a year, with strong followthrough to
the last month in the quarter."

-- Salomon Smith Barney reiterated its buy rating.
-- raised its price target to $75 from $65.
-- said, "Senior management indicated that business trends
so far this quarter are very healthy and the pipeline looks
extremely strong."
-- said, "Customers and prospective customers are also
buying into the story in a big way. Oracle has done a masterful
job of positioning its products for the Web, particularly its
applications."

-- J.P Morgan raised its rating to buy from market
performer.

-- Oracle shares were up 5-15/16 at 70-7/16 in early
trading on the Nasdaq stock market.
((--Wall Street Desk, 212-859-1730))
REUTERS
Rtr 10:36 11-17-99



To: Redhook who wrote (25075)11/17/1999 1:09:00 PM
From: Ron  Respond to of 43080
 
SSFT is a great little company. Announced large deals with MSFT and HWP last week..and took off. Came down fast..but definite earnings acceleration in this one. I picked some up for long term..after it came back down.
--excerpt--
Under the agreement, computer products maker HP's JetSend
device-to-device communications software will be part of
ScanSoft's Pagis Pro product, a digital imaging suite that
allows users to send documents between devices including
scanners, printers and digital cameras.
On Wednesday, ScanSoft said software leader Microsoft Corp.<MSFT.O> had agreed to license ScanSoft's TextBridge optical character recognition technology, which is a scanning product that allows users to transfer paper documents to an electronic form without retyping.



To: Redhook who wrote (25075)11/17/1999 1:10:00 PM
From: U Up U Down  Respond to of 43080
 
Looks like A@P shorts are playing with SSFT. eom