Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: MeDroogies who wrote (7761)	7/3/1998 12:58:00 AM
From: Peter Singleton	Read Replies (1) \| Respond to of 19080

Hello everyone, Some of you folks didn't welcome Michelle's comments earlier. Just my two cents, but she's highly credible. She just doesn't happen to agree with you. Through painful (read: expensive) experiences, I've come to appreciate people who have different views than I do on stocks I'm long on. Especially when they offer a reasoned case, and present it courteously. Sometimes they see things I don't see. It's hard for me to see the bear case on a stock when I'm long. That said, this is all easy for me to say since I'm not holding ORCL at this time. But I follow the company somewhat, and would like to hope it continues to have a bright future. But some of that's unclear. When you get behind the power curve in this industry, punishment can be swift and severe. Btw, I don't have an informed opinion about ORCL's prospects either way ... I just don't have enough information. Peter

To: MeDroogies who wrote (7761)	7/3/1998 2:05:00 AM
From: hasbeen101	Read Replies (2) \| Respond to of 19080

I'm not saying what Wall Street should believe, just what the market does believe. The market clearly is not confident that Oracle will grow earnings at anything near 25% per year over the next few years. The estimates that Oracle has beaten are the estimates made one month in advance of the announcement. The studies show that the upward bias is higher the further out you look. As reality approaches, the estimates are revised down to meet it. I'm sure Oracle has consistently beaten the "one month away" estimates. But the story might well be different with the longer-dated estimates.