Oracle Corporation (ORCL) Message Board

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Technology Stocks : Oracle Corporation (ORCL)

ORCL 195.29

-1.6%

Dec 23 3:59 PM EST

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To: Margarita who wrote (6824)	4/6/1998 10:00:00 PM
From: ChrisJP	Read Replies (1) of 19080

Jeez, the stock drops a few points and all of a sudden it's a falling knife ! I would say at this point we've seen a healthy bit of profit taking and the stock had some good buying support all afternoon. Now of course, who knows what ORCL is going to do for the next few weeks because now it's time for the TECH SECTOR's long overdue correction ! IMHO, it's time to wait until PE's start coming back to earnings growth rates before buying anything. Chris

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