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


To: Sonki who wrote (4135)12/10/1997 12:15:00 AM
From: prakash  Read Replies (1) | Respond to of 19079
 
Reg. ML recommendation

One on Oct 29, one in Nov. I can't remember the date, I will check and let you know.

BTW, this is not the only one ML has done a poor job on. They had a buy reco on SUNW until they released earnings and the stock tanked.

Look at what they have done to CREAF. This stock has a PE of 8 and has about $5 in cash. And the idiots have "predicted" that the company sales are going to slow because of the currency situation in Asia. The reality is they export most of their products to US and Europe which adds strength to the company's bottom line. Now with ORCL it's other way around. The idiots cut estimates on CREAF while pounding their table with a buy reco for ORCL, ie. until today.

Prakash