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Technology Stocks : Compaq
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To: Lynn who wrote (74315)12/22/1999 12:44:00 AM
From: Paul van Wijk  Read Replies (2) of 97611
 
Lynn,

The best example is Oracle. Two quarters ago they met
the estimates. They had a run-up in the weeks before
earnings. In after hours the stock tanked about 8 dollars
to high 30/low 40.
The next day it closed flat (or something like that). Less
than 4 months later Oracle at the edge of breaking the 100-
mark.

Bottomline; forget about after-hours. Low volume, little
brains.

Paul
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