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

To: Mohan Marette who wrote (4268)	12/10/1997 2:49:00 PM
From: Kumar Nathan	Read Replies (1) \| Respond to of 19080

I know SEA is in turmoil. Most of the finance guys hedged their position for next year. Including myself. And most of us are sitting pretty with currency gains already. Therefore all the companies position are rock solid irrespective of currency crisis. The important thing is that this currency crisis is overdone. The only people that should be affected are banking guys. Those are the people who really take risk. I believe it will take a while for analysts to realize the location of the real risk . IMO currency risk right now is with banking sector . Most of high techs have already hedged their position Regards Kumar

To: Mohan Marette who wrote (4268)	12/10/1997 2:58:00 PM
From: Kumar Nathan	Read Replies (1) \| Respond to of 19080

Mohan: Bond Market will be closing with a very good rally. This will boost the stock at the final hour. IMO the downdraft for the day is over. Let us see. Regards Kumar.

To: Mohan Marette who wrote (4268)	12/10/1997 3:01:00 PM
From: vinod Khurana	Read Replies (1) \| Respond to of 19080

In the volatile technology sector, Microsoft (MSFT) came under fire, losing 2-9/16 to 141-3/4, after a company official said late Tuesday that the software giant was feeling the effect of declines in computer sales in Japan. But the official also said there was no significant change in the company's earnings outlook. Microsoft's statement came in the wake of disappointing results by another software maker, Oracle (ORCL), which led the market down Tuesday after blaming the Asian turbulence for its poor earnings. Following a 29 percent drop Tuesday, the stock bounced back slightly, trading up 1/4 to 23-3/16. Oracle was still the most active stock after setting a volume record Tuesday, when more than 171 million shares of the company were traded. "All American companies that provide high- tech products and also capital equipment for the Asian economic miracle are going to be hurt because there's an adjustment process that has to be gone through in Asia," said Roger Kubarych, an economist at Kaufman & Kubarych. "It's going to take two to three years, and in the meantime they're going to see lower sales in Asia." The Microsoft-Oracle Asian contagion quickly spread into other technology stocks. On the Nasdaq, shares of Dell (DELL) fell 3-11/16 to 90-1/4 and 3Com (COMS) lost 2-1/8 to 35-1/2. On the NYSE, IBM (IBM) tumbled 4-1/8 to 106-1/4 while Compaq (CPQ) fell 3-1/2 to 59-7/8.