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

To: Maverick who wrote (4421)	12/11/1997 9:17:00 PM
From: Michael C. Woodward	Respond to of 19080

The high tech market reminds me of an old friend that I used to work with down in Silicon Valley in the late 80's. When things were tough he would say "Life's a bitch, then you die". I told him that that was a very negative statement. He said, "Obviously you don't invest in high tech stocks." After the last three months, I know how he felt.

To: Maverick who wrote (4421)	12/11/1997 9:18:00 PM
From: Kumar Nathan	Read Replies (2) \| Respond to of 19080

"According to a report issued by Morgan Stanley Dean Witter, Oracle management said it believes database sales could grow 20 percent to 25 percent during the next two to three quarters. The report said the company believes a stock buy-back from Oracle is likely because of the current low stock price" I think this is a very positive ending note. This tells us that the street is anxiously waiting for a buy-back announcement to move the stock up. I expect Larry to make some announcement. His abrupt cancellation of CNBC is a very arrogant attitude. And he hasnt bothered to announce any corrective measures for the reduced forecasted growth. I clearly see a pattern of behavior between this guy and ASNDs Mory Ejabat. Both are violating the golden rule of " Dont Piss off Analysts" Regards Kumar

To: Maverick who wrote (4421)	12/11/1997 9:18:00 PM
From: John F. Dowd	Read Replies (1) \| Respond to of 19080

Dear Mav: What are you saying? ORCL, Informix and Sybase are doing lousy and the NT/SQL business of MSFT is eating their lunch. What about all the customers that are solidly entrenched under the ORCL or database bannner? Are they suddenly going to dump everything and buy PC's? I think we have a timing and expectations problem here and they are being resolved by the viciously cold hand of the market.Disappointment from the gods is always harder to accept than disappointment in ourselves or so that seems to be the way Wall Street thinks. JF Dowd