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

To: Sonki who wrote (4431)	12/11/1997 9:55:00 PM
From: Xpiderman	Respond to of 19080

Sank, I have a friend working for ORAL as a consultant. He said the big plunge in Oracle stock is just market's overreaction. Bottom line is ORCL revenues and profits were up 23%, but failed to meet the expectations. "We are very optimistic about Oracle's future - the stock is going to be up. " I think buying ORCL at this price level can be very profitable in a year or two. About the semicons, I still own a little AMAT and looking for entry points for NVLS and KLAC. But it's very difficulty to predict a bottom., and the year-end tax selling may help driving losers down further.