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

To: John Wright who wrote (12766)	12/14/1999 8:22:00 PM
From: Paul van Wijk	Read Replies (1) \| Respond to of 19080

John, There are two things that make a stock-price. Current earnings or cashflow; and future outlook. You and Richard are too much focusing on the current number. The extreme run up of Oracle can be explained by their excellent future. There has been a major shift going on. And Oracle is extremely well positioned. We discussed the why 3 to 4 months ago on this thread. Even if Oracle drops 50% the early birds on this thread made the right analysis. Both your and Richards analysis made sense to me a year ago. But time has changed; we're entering the digital era. And it is my believe that Oracle is the new Microsoft. Compare their graphs over the few months and you have to admit that a lot of others on Wallstreet draw the same conclusion. Succes with your old-fashioned way of judging stocks or quar- terly reports. You will find out these type of analysis became more and more obsolete. Another way of looking to it; there must be a reason why the Nasdaq is outperforming the Dow Jones so heavily. So clear your mind, do some investigation and try to understand. With regards, Paul