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Technology Stocks : Oracle Corporation (ORCL)
ORCL 164.12-5.0%12:52 PM EST

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To: Eski who wrote (11249)6/21/1999 8:55:00 PM
From: MeDroogies  Read Replies (1) of 19080
 
I disagree about going below 32. I agree it could see 32, but that would mean ORCL is undervalued.
I look at it this way: earlier in the year, it hit 60 (pre split - 40 after split) and was hovering in the 55 range. When earnings fell "short" of whisper, it plummeted. Now that earnings are back where they "should" be, it should hover in the current range until more information is available.
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