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Technology Stocks : Oracle Corporation (ORCL)
ORCL 189.97-4.5%Dec 12 9:30 AM EST

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To: lbs who wrote (4345)12/10/1997 11:53:00 PM
From: grogger  Read Replies (1) of 19080
 
No problem. I'm glad we got that straightened out. I would assume based on your reaction that you own some ORCL. I do too and the last two days have been gut wrenching. I'm still a bit confused as to the 10 point drop. I figured a few points but this was ridiculous. Hopefully, it's a great opportunity but who knows. Luckily my average cost is 20 from about 1 1/2 years ago. Still it sucks to see your profits disappear. I thought of selling after the last earnings report but then analyts said good things. Then 2 weeks ago ML says they are on track. Where did they pull this from?? Anyway, i hope the road back is quick. Maybe this will wake Ellison up.
As far as the posts here I would not take most of them as fact. I like to read them as well to get an idea of what people think, nut that's all they are people's thoughts. I don't think most people expected this. About 15 different firms downgraded them. Oh well. Good luck.

Rob
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