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

To: Joe Antol who wrote (5519)	2/12/1998 1:26:00 PM
From: J P Cross	Read Replies (1) \| Respond to of 19079

Hi Joe, My take on the ensuing battle between the shorts and the longs is that a strong earnings report or two would greatly help build the confidence back in what was (and IMO is still is) a great blue chip technology company with the best data base system on the planet (including MSFT - so far). Oracle needed a wake up call and the street gave it to them by dinging ORCL far more than it deserved IMO. Thus I think the stock is a bit undervalued at this time. It might not be worth 45 but 26 -27 is a good to cheap price. Vector Vest values ORCL at 30+ even with a fairly high PE that it currently stands at. (I'll see if I can post the Vector Vest rating.) Informix came back from the dead and ORCL is far from being as dead as Informix was. My take: Reports of ORCLs death have been greatly exaggerated IMO. When the smoke clears I am betting that ORCL will come out with an impressive earnings report which will propel the stock higher due to a strong buying demand by the institutional buyers. This could move ORCL up very-high, very-fast so hold on it will be bumpy. I think ORCL will see 35 before it sees 15. JCross

To: Joe Antol who wrote (5519)	2/12/1998 2:00:00 PM
From: Ed (IT Consultant)	Read Replies (2) \| Respond to of 19079

As somebody that works in the industry, I can tell you that Oracle is probably the strongest that it has ever been from a database perspective. Not a single client we have (Fortune 500 companies) would now choose Sybase or Informix over Oracle as their strategic database vendor, something that wasn't necessarily true even a year ago. Microsoft could potentially present Oracle with some real competition in the future, but since SQL server is far less strategic than the web, Microsoft will probably not focus on Oracle for a while. Although I don't always agree with Ellison's statements, I think he is right on the mark with the following: That the notion that the database market is saturated is a "bizzare" notion. I would say that the DB market is far less saturated than the PC market, for example, yet Intel, Microsoft, Dell, Compaq, etc. still see no slowdown in growth. I question the clarity of those analysts who think that once you buy a database then thats all you will ever need. That's like saying that my old 486 running Windows 3.1 is all I ever needed. Bizzare!!! As for the stock price flucuations, thats just the way it goes. Those who are long for the long-term need not fear, in my opinion...

To: Joe Antol who wrote (5519)	2/12/1998 9:57:00 PM
From: voyager.ed	Read Replies (1) \| Respond to of 19079

Joe, I have no inside knowledge but I would be very surprised if Oracle sales are flat for the next 2 quarters. The last quarter was a wake up call, and they will respond, especially after saying bold things to the public. Look for upside surprises. As for shorts - they won't run for cover until they start getting hurt. Do you think a few shorts covered last Friday during a run up of 3 points? Have you thought that some of the move from 18 to 27 might have been some shorts covering. I know when I'm short a stock I constantly am concerned with an up spike, and if I'd been short ORCL in the high teens or low 20's I would have been gone!. By the way I'm long ORCL, and expect low 30's on this run. I think a lot of this week is consolidation and wait and see who wins the short term tug of war. regards, Ed