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

To: John T. Hardee who wrote (6964)	4/20/1998 4:33:00 PM
From: Tony Grier	Respond to of 19080

Today I also bought. I use stochastic with rsi confirmation, 14 day period. Bands don't foretell anything spectacular but even if orcl can't break resistance at 31.68, just that will be a good trade. I expect a ride up past the resistance. I expect lots of fund buying as most other areas of quality and speculation have gotten very expensive. Rotation should come this way. More than a few exciting channels for Oracle. Gonna get some attention. Tony

To: John T. Hardee who wrote (6964)	4/20/1998 5:21:00 PM
From: MrJoltCola	Respond to of 19080

For what its worth I can give a view from the inside of several Fortune 500 companies. Many of the big boys running production systems have not moved to ORACLE 8 because of the lengthy process it takes to get a version approved for production. Even more, some managers tend to want to wait until 8.1 just because that seems to be a safer bet when ORACLE releases a major version. Personally I don't agree, but I do know firsthand that this is the case. The bulk of the industry, especially military is still running ORACLE 7.3.3, but like all nice ORACLE customers ORACLE 8 _will_ be the next step. Look for big growth in ORACLE 8 licenses in the next 6 months as 8.1 rolls out, Java and E-commerce grow, and moves to 64-bit platforms drive upgrades as well.