SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Oracle Corporation (ORCL) -- Ignore unavailable to you. Want to Upgrade?


To: James A. Venooker who wrote (9722)3/4/1999 10:31:00 AM
From: lml  Read Replies (2) | Respond to of 19080
 
. . . interested in your short and long term on the company

Gee, sounds like I'm on a guest on CNBC. Well, Jamie in "SI-ORCL," I think in the short term the stock can move to highs, which post split would translate to a price in the 42-45 trading range. However, the stock could also languish close to present levels until the market makes a SUSTAINABLE move to the upside. I think the downside is close to yesterday's lows (32 1/2 - 33).

Long term, the stock is a "gimme." ORCL is well positioned to gain from the fledgling e-commerce biz over the Internet. Do a bit of research & you'll understand how this Company is positioned; the leadership & vision of it chairman; the ability of management to execute an established strategy; & how the market still has yet to fully realize how ORCL will benefit with the advent of e-commerce among businesses & with consumers. As always, JMO.

lml