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

To: Bipin Prasad who wrote (14152)7/5/2000 9:47:21 PM
From: JackC2  Respond to of 19080
 
InSook,

Well said.

I think that May 99 was the last time Oracle just hit earnings. Since then they have exceeded.

--Jack



To: Bipin Prasad who wrote (14152)7/5/2000 10:11:14 PM
From: Joel Patterson  Read Replies (2) | Respond to of 19080
 
OK, you got me. Still, it was certainly different from what was expected. To me, that's a miss. And the 22% drop did happen.

In any case, the point I was trying to make was that Oracle got slammed only a little over a year ago and with their current P/E and all these tech companies announcing, I'd be more hesitant about ORCL. If not this quarter, I'd be very wary about the next.

As I said, good luck on ORCL, I think you'll need it.


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