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

To: Wizard Wannabe who wrote (9203)12/17/1998 9:02:00 PM
From: Hardly B. Solipsist  Respond to of 19080
 
This price feels about right to me. It will keep going up over the
next couple of years as the strategy that the company has committed
to pays off, assuming we don't have a general meltdown. I am expecting
$100 within 3 years if the economy holds up.



To: Wizard Wannabe who wrote (9203)12/17/1998 9:31:00 PM
From: Shane M  Read Replies (1) | Respond to of 19080
 
Wizard, we're there.

My calcs gave me a fair value for ORCL around $35 when I bought, but I'm still holding. Given the new brighter outlook $40 might now be justified, but I think the easy money has probably been made here. If ORCL runs up another10+% I'd have to entertain lightening my position.

Still long,

Shane


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