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

To: vinod Khurana who wrote (4886)	1/5/1998 1:14:00 PM
From: Matt Webster	Read Replies (2) \| Respond to of 19080

Oracle is still a hold While it looks like we are getting a bounce here from 21-23, I still think caution is the word. There is no way we will promptly return to 30. Oracle said that it expects no near term improvement. In the meantime, Asia and the usual Spring tech correction will take their toll. I have heard from independent sources that Oracle is being hit very hard by IBM's DB2, UDB and NetCommerce, which are much cheaper on a licensing basis. This lets VAR's and consultants direct more of the cost of a project into service/support than licensing. With the price of IT services rising so fast due to tight labor market, we cannot ignore the incentives of the people who actually use DBMS software. As the year 2000 problem accelerates and people need to port or interface to data in IBM mainframes, the DB2 problem gets worse. Thus, I strongly advise "investors" as opposed to traders to stay out of Oracle. Please send any comments by email. Matt