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

To: Winston Kim who wrote (8519)	10/5/1998 12:26:00 PM
From: Hardly B. Solipsist	Read Replies (1) \| Respond to of 19080

What TA has led you to this prediction? Do you also think that on fundamentals that ORCL should trade at a P/E of 15?

To: Winston Kim who wrote (8519)	10/5/1998 2:24:00 PM
From: lml	Respond to of 19080

And who are you, Mr. Kim? Some TA guru? Did you really read my post? I suggest you go back & read it. You obviously have a short term perspective; my comments had a longer term outlook. Longer term, the stock is attractive. Consider the recent change in sentiment among the major brokerages; consider the historic lows in Treasury yields, which from a technical perspective, notwithstanding any adjustment in the earnings outlook, support higher PE multiples; consider how the Company is positioned to benefit from the inevitable migration from desktop to network centric computing; consider the ever-growing importance of the Internet as the medium over which interconnectivity will be accomplished. Shorter term, what will take this stock lower is overall market carnage. I think we've seen quite a bit lately, so the levels you're speaking have an increasingly less likelihood of occurrence.