SI
SI
discoversearch

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: Chuck. Edwards who wrote (5480)2/10/1998 12:06:00 AM
From: Michael Olin  Read Replies (1) | Respond to of 19079
 
The most likely reason for the run up and tremendous volume was the upgrade by Chuck Phillips at Morgan Stanley. He gave everyone who was waiting for an analyst's blessing a reason to buy. I know Chuck; he has been a supporter of the New York Oracle Users Group for years, and he has always brought solid information about Oracle back to the Group. If he believes that Oracle will hit the revenue numbers that Larry and Ray Lane have been putting out, I wouldn't just dismiss it.

Of course, seeing how all of the analysts jumped on the downgrade bandwagon (naturally, after the stock went south), perhaps we'll see some more upgrades leading the sheep back to Oracle.

-Michael



To: Chuck. Edwards who wrote (5480)2/10/1998 9:21:00 AM
From: Andy Parham  Read Replies (2) | Respond to of 19079
 
Things are just not as bad for ORCL as the recent plunge in price would indicate. They miss one quarter in the last 28 (and because of reasons that do not indicate any major fundamental problems with their business) and they get ridiculously smashed. The price is just rebounding to where it should be. They are a sound company with excellent management and they will be back.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News