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

To: Eric Bowen who wrote (10375)	4/7/1999 12:26:00 PM
From: ILCUL8R	Read Replies (2) \| Respond to of 19079

I hope you are correct about the bottom. I'm in for some shares at 28 mostly because my broker assured me that he has a personal friend working at Oracle who says the company has a lot of good products "up its sleeve." I have followed ORCL and Ellison's excesses over the years and thought this might be a good time to get some shares. But, I would not have done so before doing more current DD were it not for the broker's personal assurances. Am I now experiencing another of life's oxymorons, "Honest broker?" Is there an index on Yahoo for software, such as ^SOXX, ^RUT, etc?

To: Eric Bowen who wrote (10375)	4/7/1999 1:21:00 PM
From: zc66	Read Replies (1) \| Respond to of 19079

ORCL is a good company but it's not good for investment. Good stock should not fall 50% twice in a year. ORCL is not as transparent as some other companies and is easily manipulated. It seems that the management never cooperate with the analysts. When analysts and the MMs behind them were trying to push the price down for accumulation, ORCL kept posting good numbers quarter after quarter and the stock could not move up at all. When the analysts begin to make positive comments and forecast higher price targets, ORCL immediately report bad numbers. Analysts have never been right on the earnings for the last 6 quarters. It's a big waste to beat the estimates by 3 cents/share each quarter last year while the analysts were purposely pessimistic about oracle. If ORCL had only beaten the estimates by 1 cent per quarter last year and saved 6 or 8 cents for future bad quarters, they would have shown more smooth growth and the revenue problem of last quarter could have been easily covered up and the stock price now would have been $50+.