Oracle Corporation (ORCL) Message Board

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Technology Stocks : Oracle Corporation (ORCL)

ORCL 196.99

-1.6%

3:59 PM EST

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To: Lizzie Tudor who wrote (11785)	9/14/1999 10:32:00 PM
From: Jacques Tootight	Read Replies (2) of 19080

It would have made a lot of difference Jacques. How so? This stock has had an almost unsupportable run the last ninety days. It's my own very humble opinion that anything less then .19 would have caused at least some softness is the stock. Reporting .17 would have made absolutely no difference. This was classic buy the rumor, sell the news. Unfortunately for those who are disappointed, or who bought over 40, the rumor wasn't the news. ...its a complete boom and bust scenario. The market is much taken with hyperbole, this is a fine example. Isn't this what we live for in the wild and whacky world of tech stocks, the thrills, the chills, the trip to the mountain top knowing we'll soon see the valley. There is no excuse for this... Actually, there is. It's the system. The whole inane "numbers expectation" system. It's a game. Perhaps someday it might be fixed, but then we'd all be deprived of taking part in it. We'd be doing something useful instead of shouting our disgust or cries of rapture from Internet message boards. Oracle isn't run by a bunch of 25-yr old college hires... Thank God for that. I'd like to see some results please. What type of results would you like to see? Here's one: I bought this stock recently for $23. It took 107 days for it to double to $46 dollars. THAT'S results. I certainly don't mind giving back 15-20% in the short term. Cheers - TightJacq

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