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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?

To: BarbaraT who wrote (19142)	3/23/1999 12:27:00 PM
From: lebo	Read Replies (2) \| Respond to of 90042

ORCL@26 anyone

To: BarbaraT who wrote (19142)	3/23/1999 12:43:00 PM
From: MIKFREE	Read Replies (1) \| Respond to of 90042

Thanks for the encouragement. It is difficult holding when everyone around is talking doom for the company. I think it is an overreaction, and I am convinced the earnings news was a planned effort to lower the price. Did you see cnbc last night saying there was no way DLJ could predict earnings for the quarter at this point? If this is true, and if so, if these guys are professionals, why wouldn't they know this? It's what they do for a living, surely they know these basic facts. So why do they come out with this prediction? It seems like the mofia to me, except you don't have to kill anyone(or do you?<g>). May 18 is what i hear for earnings report date, so we will know then. Whatever the earnings, I'm sure it has been exagerrated by DLJ. If it is .16, they can always say "we were right, they were lower than expected", and they still have the benefit of an extra low price dip. Just my thoughts, for what it's worth. Cheers, Mike