Oracle Corporation (ORCL) Message Board

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Technology Stocks : Oracle Corporation (ORCL)

ORCL 178.45

-5.4%

Dec 17 3:59 PM EST

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To: Bipin Prasad who wrote (12986)	1/5/2000 11:14:00 PM
From: lml	Read Replies (1) of 19080

Finally we're talking real stuff here. I for one have been quite surprised at the relative continued weakness of ORCL following what has been a tremendous change in fundamentals as evidence by the recent runnup. Granted, the runnup has been spectacular & profits are deserving of taking, but the runnup has been based upon fundamentals that should merit better resilience than ORCL has shown the last two trading days notwithstanding Lane's & Henley's sales. While ORCL is now beginning to be grouped with the dot-coms, it still does not have dot-com valuations & it happens to have earnings, FWIW. So why is this stock getting slammed just like the YHOO's & the AMZN's of the e-world? From the trading pattern, there appears to be a tug of war going on. There are obvious market forces at play determined to keep ORCL down. Anybody got any ideas to explain this recent weakness? IMHO, it goes beyond the correction & the insider selling.

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