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


To: lml who wrote (10587)4/28/1999 5:44:00 PM
From: WTSherman  Read Replies (1) | Respond to of 19080
 
<Your reliance on historic performance of the Company over the past 4 years is misplaced<

Actually, I'm not using historical performance to make a judgement about whether this is a good investment at this time. If I were, I wouldn't own the stock(which I do). These comments were part of a series that started with someone asking what more could you ask of ORCL and I said "how about consistently growing profits", which is what the street looks for in such a large and established company. That lead to someone bashing me about what a great company ORCL has been and I said "ain't so"...etc,etc.

I think that at this price with the kind of franchise they have and the initiatives underway, they are really well positioned to do some big things the next couple of years. I just hope that management stays focused, that is what has hurt ORCL before. Its a core holding for me.