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

To: MeDroogies who wrote (10457)	4/9/1999 5:17:00 PM
From: lebo	Respond to of 19079

ORCL should be back in the 30s by next week. This is a unique software company.

To: MeDroogies who wrote (10457)	4/10/1999 10:26:00 AM
From: Jim Willie CB	Read Replies (1) \| Respond to of 19079

please help clarify this Y2K effect on Oracle first, strong finish on twice average volume Friday... next week could get into 30's on this momentum... 100 million shares Wed thru Friday !!! My attention first turned to ORCL when Dick Schmidt of "Stellar Stock Report" reco'd it a couple weeks ago at 26... on Thursday he strongly urged any readers with extra cash to buy this gem stock at 22... he is a sharpie portfolio advisor with 60% gains in 1998... he called ORCL a strong y2k stock, which will be the beneficiary of countless DB upgrades when old noncompliant systems are shucked... his reco did not address new revenue streams from ERP A) software vendors (incl ERP) being temporarily ignored by customers as they deal with y2k compliance and divert budgets B) database vendors will benefit handsomely when noncompliant systems are upgraded are we to expect a shortlived vacuum with reduced sales followed by a torrent storm of sales??? my understanding, based partly on my company's approach, is that remediation is in full force... a diversion of budget for dull and tedious code fixes... when remediation is complete or close to done, then some replacement systems will be ordered, installed, and tested for production... no two companies will proceed identically anyone have a rough timetable of this Y2K process visavis software purchases for calendar 1999??? thanks, Jim Willie