Oracle Corporation (ORCL) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Oracle Corporation (ORCL)

ORCL 214.37

-5.0%

3:03 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: BelowTheCrowd who wrote (17559)	9/21/2002 12:08:20 AM
From: ehasfjord	Read Replies (1) of 19079

Didn't state that EDS was/is "healthier than IBM". I don't really follow EDS, and just take a look at IBM when it drops enough to be interesting. I do follow major market changes... All I do know is: 1. EDS comes out with a warning, 2. Every major tech stock dumped on this news, 3. History/experience has shown me that: a. If a companies stock drops more than 50% due to a reduced earnings forcast -and- b. The company does have real earnings -and- c. The company has little/no long term debt, This normally results in: A rise in the price of the stock of 5 to 8% over the next week/week and 1/2. This % is based upon the price of the stock before it crashed. AT THIS POINT IN TIME, I GET THE BLEEP OUT! I suppose that by 9/26 or 10/5 we will see if my assement is correct. BTW, EDS traded up .56 today. Re: room to fall long term, you got it! Take Care and best wishes.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next