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


To: Pruguy who wrote (9181)12/16/1998 4:25:00 PM
From: Bipin Prasad  Read Replies (2) | Respond to of 19080
 
Downgrading ORCL from strong buy to accumulation one day before
earnings is RECKLESS if you know ORCL well enough. Larry is very
sensitive about earnings # ever since he learned his lesson. So when
he says "We'll will meet #s", it means he'll top that by a few cents+.
As highly paid top dog @Pru, it was RECKLESS of him to downgrade
and kept $40 target which is only 1+ point away now.

If you look at ORCL's cycle and business nature(It's basic ORCL 101),
you will know why Zoro joked about Crook's post. Timing was way off!


ps:I know you did not like it when I joked about Tommy boy @ML, but
now do you agree with me about his '98 performance on SEMIs ?

later,

InSook