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

To: DRRISK who wrote (5612)	2/21/1998 11:32:00 PM
From: PLovering	Read Replies (2) \| Respond to of 19079

>> The options pushed this into deeper oversold. Good luck.The Abbey Cohen piece in Barrons will effect whole market positively. << ORCL stockholders should take great comfort from the latest piece in Business Week. Y2K sales will be huge in the next couple of years. Government alone will spend $4 bil on the problem ... and ORCL gets first count in this business. Earning surprises are in the cards IMHO.

To: DRRISK who wrote (5612)	2/22/1998 4:52:00 AM
From: HammerHead	Read Replies (1) \| Respond to of 19079

Any positive comment from the upcoming tech conference may push the stock price up $2 again ? From www.bloomberg.com: High-Tech Investors to Swarm Robertson Stephens Conference San Francisco, California, Feb. 20 (Bloomberg) -- Investors will pack the BancAmerica Robertson Stephens Tech '98 conference in San Francisco next week to hear how the world's hottest technology companies plan to keep profits rising. More than 340 companies including Microsoft Corp., Intel Corp. and Yahoo! Inc. will make their pitch to 3,000 money managers, analysts and reporters at the conference starting Monday at the Ritz-Carlton Hotel. Though the conference rooms are mobbed, and getting a seat at lunch can be harder than scoring shares in a hot initial public offering, investors keep coming to such gatherings to gain insight on prospects for the companies they own. Investors can grill managers at break-out sessions, which are closed to the roving band of press, or -- if they own enough shares -- hole up in a room for a one-on-one briefing. ''It's a zoo,'' said Jerry Dodson, portfolio manager at the Parnassus Fund in San Francisco, though he added, ''the break-out sessions are quite useful.'' Dodson was at the NationsBanc Montgomery Securities conference in San Francisco last month and the Goldman, Sachs & Co. conference in New York last week. He plans to go to Robertson Stephens even though he's seen many of the same companies at the other gatherings. One-on-One Meetings At Robertson Stephens, Dodson plans to meet with executives from Read-Rite Corp., a maker of disk-drive components. His fund owns 500,000 Read-Rite shares, and Dodson is eager to hear more about the company's plans. Dodson had a list of five companies with which he wanted to meet privately, but the others were booked when he called Robertson for slots. ''You have to ask right away,'' he said. The Montgomery, Goldman and Robertson meetings are the biggest in the technology industry. Other banks and brokerages hold smaller events, such as bus tours around Silicon Valley, but none are as packed. The events are free to clients. The conferences can generate a lot of enthusiasm for tech stocks, and it's common to see shares take off as investors leave presentations and place buy orders on their mobile phones. Robertson has a tough act to follow this year. Montgomery lured Microsoft Chairman Bill Gates to its conference, also held at the Ritz. His talk was standing room only. Montgomery also got Oracle Corp. Chairman Larry Ellison to come to his first investors' conference in seven years. Reporters rushed out of Ellison's luncheon presentation to file stories after he said he expected North American database-software sales to rise 25 percent in his company's fiscal third quarter. Oracle jumped 12 percent the next day. Ellison won't be at the Robertson conference, a spokesman said. Microsoft is sending Chief Operating Officer Bob Herbold. Asia Crisis Investors going to the Robertson Stephens conference say they'll be looking for more clues about how technology companies are dealing with the economic crisis in Asia, where many of the world's computer chips are made and a quarter of the world's personal computers are sold. Gerard Hallaren, portfolio manager at Invesco Trust Co. in Denver, said he's planning to see Maxtor Corp., a disk-drive maker owned by South Korea's Hyundai Electronics Industries Co. ''They might talk about what it's like to be a Korean company at the moment,'' Halleran said. Halleran also is hoping to meet with executives from SanDisk Corp., which makes flash memory cards, the ''film'' for digital cameras. He owns shares of the company and said he isn't thrilled with its performance. SanDisk shares are down about 20 percent in the past three months. Sounds like it's time for a break-out session.