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


To: Ed Stern who wrote (9511)2/3/1999 10:01:00 PM
From: lml  Respond to of 19080
 
Re: Message 7634185

Yeah, kinda makes you wonder what these guys do for a living.

["lml raised his price target today from $59 1/8 to $60 3/4."]



To: Ed Stern who wrote (9511)2/4/1999 1:34:00 AM
From: Sonki  Respond to of 19080
 
Hey, i thought target of 81 or 87 somewhere...i think orcl in for couple of great qurters to come....Credit Suisse First Boston said it raised its 12-month price
target on ORACLE CORP shares to $67 from $45. Says technology
group analyst Wendell Laidley reiterated his buy rating on the
company and raised the price target (this is the key)
following a one-on-one meeting with Jeff Henley, the company's chief financial officer.

"Considering the solid fundamentals, tangibly better execution,
improving confidence in estimates and meaningful upside potential,
Oracle shares are likely to sustain a richer multiple and
valuation similar to other franchise technology companies,"
Laidley said. (Reuters 11:26 AM ET 02/03/99)