If one examines History, to foretell the future, then one must reach the following conclusion. There have been events or periods in Histort which have seen enormous leaps in development and World Trade. The Roman Empire, The British Empire & teh Industrial Revolution, and soon the 'Information Network' revolution & the re-emergence of the Old Roman Empire under the guise of the EU. Imagine a world where communication an dtrade is UNLIMITED, and UNHINDERD by trade, communications or Currency barriers, where ANYONE can access ANYTHING, ANYTIME, and Buy it !
We are witnessing what Larry an others call the 'Information Age' or 'Digital Age', an dwe are just beginning. I expect teh name of Oracle to be more widely known than Microsoft within 10 yrs or less.
BUY thsi stock and HOLD it long, like I have always been saying !
Well Blake, I just might take that ride with you. Look at all of the upgrades today......Do you think $40 for sure by Jan.? I am just worried about next Q........I think it will be very flat to down.........and I don't want to take that ride to $22 again.
Sounds like the analysts are all aiming for tops o thirties. Does this mean longs should bail at 37-39 range? not necessarily. Personally, my target to shop 1/2 of my shares is in that range, but I'm holding the other hald much much longer. Remember that analysts meetings like these along with continued earnings mean raised price targets again. Of course, any mis-step, and it's Novemeber 1997 all over again...