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


To: MeDroogies who wrote (12923)12/22/1999 4:48:00 PM
From: Tumbleweed  Respond to of 19080
 
I say $150 by Jan...but of course, I'm just blue-skying it. Still, $150/200 by year end isn't out of the question

Was that this year? <g>



To: MeDroogies who wrote (12923)12/22/1999 9:17:00 PM
From: Paul van Wijk  Read Replies (1) | Respond to of 19080
 
MeD,

I bought Dell in 1997. It just went up almost day after day.
Every once in a while short entered the thread. Usually they
were gone within a week. I expect the same pattern for Oracle.

Expect their PE will increase to 150/200 range, sooner or later.
Even with that PE it will still be relatively cheap. Why? Because
they have a predictable future because of their domination of
the databases AND business-software market. And the Exchanges.
And the new Bill G. as their CEO (although I believe comparing
LE to Bill G. is an insult to Larry. Bill G. is king of whistles
& bells. LE is king of the CEO's. He talk their language).

Anyhow,

Paul