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

To: zc66 who wrote (5812)	3/3/1998 12:58:00 PM
From: Sonki	Read Replies (1) \| Respond to of 19080

Oracle Corp. (ORCL) 24 3/4 +5/8: SoundView Financial upgrades relational database software concern from short-term "hold" to "buy" while maintaining its long-term rating at "hold" and sets a six-month price target of $32; firm also raises 1998 EPS from $0.88 to $0.92 a share and 1999 EPS from $1.08 to $1.10 a share.....

To: zc66 who wrote (5812)	3/3/1998 2:28:00 PM
From: Punko	Read Replies (2) \| Respond to of 19080

No one's saying why. Oracle's strength may have to do with today's congressional hearings. Gates is on the spot before the House Judiciary Committee headed by Orrin Hatch (R-Utah), a very well respected Senator who happens to have Novell as a constituent. I caught a few minutes. Seems like the government is finally moving beyond this little browser sideshow to the real meat: the much broader question of whether Microsoft is using its market dominance in Operating Systems to discourage competitiveness and innovation in this and other software market segments. A few body blows to Microsoft from the government today, plus the suggestion of further government scrutiny if there is even the perception that anti-competitive practices are used to weaken rivals may soften Microsoft's resolve to go after more of Oracle's market. Or so some would think.