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Strategies & Market Trends : Intraday Updates, Analysis & Strategies for Daytraders

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To: Lane Hall-Witt who wrote (407)3/16/2001 10:35:49 AM
From: Ron  Read Replies (1) of 589
 
Interesting comments on ORCL. I have swing- traded ORCL many times in the past but would not touch it now. Received good operational information from some folks who are major business partners with ORCL. They tell me Oracle's service and support infrastructure has collapsed since last November or so. Technical support is practically nonexistent, and even Oracle folks are upset with the operational problems. This is a good indicator in my opinion of really hard cutbacks and could signal a bottom. But as the ORCL CFO implied, its a little foggy out there folks... :)
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