Oracle Corporation (ORCL) Message Board

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Technology Stocks : Oracle Corporation (ORCL)

ORCL 243.89

+1.9%

10:12 AM EST

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To: Charles T. Russell who wrote (15977)	7/9/2001 11:20:17 AM
From: t2	Read Replies (1) of 19079

Charles, what I found interesting is that there is an analyst that is upgrading SUNW today. We know there is a connection between Oracle and SUNW...same type of customers. If analysts can upgrade the SUNW type of names, you can bet that we will see upgrades for Oracle as well. Until the market dropped, it was outperforming the Nasdaq by a big margin for a few days. Those buyers are probably still there. Also software is a safer bet than hardware. This time when (and if) it gets close to 20, I am going to bet on a break to the low 20s...as long as it does better than the Nasdaq on a relative basis in the meantime. The CEO/CFO had also made positive comments recently after not warning in the last quarter..that has to be a short term positive, imho. I also think that MSFT's earnings and even the stock movement ahead the earnings next week, will also impact Oracle trading. A good report out of MSFT will surely help Oracle. I am looking for a July rally possibly followed by a selloff late in the month.

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