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

To: Bipin Prasad who wrote (5511)	2/11/1998 10:07:00 AM
From: Joe Antol	Respond to of 19079

Hi Bipin: re: your "bolded statment". First let me say, I am long..... ORCL. Bought on the dip, avg'd down to 19 5/8 for an uh.... unexpectedly quick ride. I am not a short. BUT... back to your statement ... "both" Lane AND Ellison "hedged" that 25% quote. Reread the back press on that, and you'll see what I mean. Don't get me wrong, I want to make money like everyone else here, but I think IMVHO there is some "hyping" going on too. Yesterday was not a good day IMO and showed some "cracks" in the armor if you know what I mean. ORCL tops the short interest report. Like I said, I want to make money too, but I think they are having some problems with MSFT (SQL server - warranted or not), same as NOVL for example in the NOS/OS area. I look to 31 (I hope, and then an exit) ... My .02, Rdgs...Joe

To: Bipin Prasad who wrote (5511)	2/11/1998 8:51:00 PM
From: voyager.ed	Respond to of 19079

Bipin, Talk about irresponsible journalism. Barron's really took on a lot with that article. It would appear to me that Oracle had taken the full hit from last quarter's surprise results and could pick the time when they were confident of a comeback - there was no rush, only a need to be right. When the CFO writes a letter to employees that everyone in management knows will hit the street and the CEO and other Oracle senior people say here we come, then they have picked their spot and better not miss. If Oracle's quarter is not real strong Ellison will lose a lot of credibility with the Street and you can't cry wolf with these guys - so, unless he/they are fools they will perform as promised, and I don't think they are fools. It was definitely a cheap shot, and except for a short while to scare out a few shares, most saw through this as just a story to get at cocky old Ellison. I think Larry will demand his pound of flesh in about 6 weeks. Let's see what Mr. Barron prints then. regards, Ed