Oracle Corporation (ORCL) Message Board

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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: Ralph Balila who wrote (3398)	10/17/1997 11:01:00 AM
From: Li Cai	of 19080

A lot of people in this group talked about the opportunity of buying ORCL. If you look at the chart, the opportunity may come because there is serious resist at 32 to 33 level. ORCL may get a nice bounce from there. However, if for some reason the stock breaks the resist, it may triger a larger sell off and the stock may easily drop to 30 and 26. For ORCL, this month apparently is bad one since money managers are in sell mood. Good luck

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