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

To: AlienTech who wrote (38710)	10/4/2000 10:07:25 AM
From: U Up U Down	Read Replies (2) \| Respond to of 43080

Analysts mixed on Oracle Wednesday, October 04, 2000 --9:55 am - By Tomi Kilgore Oracle (ORCL: news, msgs) is sliding $6.50, or 9.4 percent, to $63, extending Tuesday's 12 percent drop. Following the company's analyst meeting on Tuesday, Robertson Stephens's Marshall Senk downgraded the company's stock to a "long-term attractive" from a "buy." He based his decision on the stock's current valuation, and near-term product transition risk in software applications. First Union Securities's Charles Wittman cut his price target on ORCL to $80 from $95. Analyst Kevin Buttigieg at PaineWebber said the meeting provided "no real stock-moving news." He said the stock's recent drop was "no surprise," since it had outperformed the stock's of peers that were growing revenue faster than Oracle. Banc of America's Hugh Anderson said he believes Oracle's stock price is "compelling," since the company can grow earnings per share at least 50 percent for the next several years. www2.marketwatch.com