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Technology Stocks : Oracle Corporation (ORCL)
ORCL 201.95-1.5%Nov 28 9:30 AM EST

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To: grogger who wrote (5336)2/4/1998 2:04:00 PM
From: lml   of 19080
 
Rob:

Remember there are two sides to a trade. There's always gonna be a differing view whether a stock is overbought or oversold.

Critical to this forming either view is one's time horizon. A trader, with a short-time horizon, can very rationally at this point to take some profits, especially if he was fortunate enough to get in at or around 18. On the otherhand, if your a long-term, based upon the growing perception that ORCL's growth rate will not diminish as greatly as once feared, the stock still has more upside to go.

Such differing views, & other views somewhere between, create a market for the stock.
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