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

To: Andy Parham who wrote (5488)	2/10/1998 9:24:00 AM
From: Zbyszek	Read Replies (1) \| Respond to of 19079

9:25 hrs. Bid 27 7/8 Volume 6100 Z.

To: Andy Parham who wrote (5488)	2/14/1998 5:05:00 PM
From: moose	Read Replies (4) \| Respond to of 19079

Andy, ORCL NEVER made 28 straight quarters. They missed their last two by wide margins ( reinstatements count! )! I think ORCL is still WELL overvalued and a great short! Been buying feb 25 puts at every chance I get under 1/4. Option exp should push ORCL below 25 by weeks end because the puts/call ratio must be huge. I think ORCL hits 18 again before it hits 30. 25% N.A. sales are just N.A. sales and not absolute growth! When Larry was talking about Asia ORCL went to 18 now that he's talking about N.A. ORCL goes to 28! Thats 50% in less than a month! Remember, Asia still sucks for ORCL and it's not going to get better any time soon. Good Luck with this 1!