Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: mcmiller who wrote (4444)	12/12/1997 2:30:00 PM
From: Mo Chips	Read Replies (1) \| Respond to of 19080

I think at $22 it is definitely overdone. What I read says Europe is slowly but surely coming out of a recession and overall demand is expected to pick up. Don't hear people talking about this too much but I think it could be a nice upside in the next 2-3 qtrs... ORCL has seen Europe revs decline as a % of total, and with Asia at ~15% of revs and Europe at ~33%, growth in Euro could easily offset Asian turmoil... The punishment of techs right now is the same ol' story of market over reactions.... Mo