Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: Ed Stern who wrote (10359)	4/6/1999 11:44:00 PM
From: Stockwizard	Read Replies (1) \| Respond to of 19079

Ed Stern: ORCL is a steal right now. Yes, there could be some slight downside potential as the stock shakes out a little, but it is a first rate company, second largest software corp and it will rise once again. Hambrecht and Quist, who started this entire downdraft, stated on March 12 (when the price was still over 36: 'A lot will be riding on Oracle's May quarter, since management has deescribed a strong deal pipeline and over 40% of the year's business is slated to close in the quarter. News flow will likely flow on new product releases and overall internet positioning. On May 13, the company will hold an analyst day. given the quarter's trend lines, and some encouragement form the company's CFO Jeff Henley to remain conservative, we are slightly lowering our estimates for 1999 and 2000. At current price levels, we maintain our HOLD rating on the stock'.