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Technology Stocks : Oracle Corporation (ORCL)
ORCL 217.60+1.5%Dec 5 3:59 PM EST

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To: mike fredricks who wrote (3355)10/17/1997 10:40:00 AM
From: Ralph Balila   of 19080
 
None of the fundamentals about this company has changed ...

The drop you see in Oracle is occuring throughout the tech sector due to October '87 jitters and dissapointing earnings being reported by other tech heavies. Additional selling pressure from the money managers who want to lock in their years earning also does not help any.

So this downswing should be seen as a temporary blip for those who are long on the company, nothing more, nothing less.
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