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


To: Hardly B. Solipsist who wrote (8153)9/4/1998 6:39:00 PM
From: aps  Read Replies (1) | Respond to of 19080
 
Be patient, I am shocked myself to see its current value an alltime 52 week low. But you should realize that the entire market is at its 52 week low so oracle is no exception. However, before the current market fall oracle was trading around 25 bucks which is also not respectable. The last time the results were declared, there were concerns voiced about apps, and that is now discounted for by the current price. The earnings out next week, will show the street that oracle is on its path to continued strong growth. If the market conditions improve next week, you are in for a pleasant surprise. If the conditions deteriorate next week, which they could no earnings surprise can help the stock. Just hope that bad news from the economies does not shadow the earnings from oracle.

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