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Technology Stocks : Oracle Corporation (ORCL)
ORCL 217.60+1.5%Dec 5 9:30 AM EST

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To: John F. Dowd who wrote (16849)5/3/2002 10:06:36 AM
From: MeDroogies  Read Replies (1) of 19080
 
It's early. The largest percentage of shares on a day tend to trade in the first 1/2 hour to hour.
My guess is that around 10:30 the volume will slow and we'll wind up around 50-60mm for the day.
Selling is definitely overdone, and I'd expect ORCL to start buying back shares.
My opinion, for what it's worth, is that from 6.5-9 ORCL is a good buy. Below that, it's a steal.

Sold the Sept. 7.5 puts for .90. I'll take ORCL in Sept for 6.60.
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