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Technology Stocks : Oracle Corporation (ORCL)
ORCL 219.89-1.3%3:59 PM EST

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To: Lizzie Tudor who wrote (17897)1/23/2003 12:41:22 AM
From: ehasfjord  Read Replies (2) of 19079
 
If you are interested in software,
you might check into CTXS. Much better than
expected earnings caused it to jump up a bunch
in after hours. I no longer have a position
in CTXS at this point in time - but...

Also there was a 256,600 share block trade of
ORCL after hours at $11.62. Last trade was $11.90.
Overall volume was 1.368 mill.

I don't know what to make of it. Probably some big
short covering, which means ORCL will probably hold
tomorrow just below/over $12.00. I will pass this on
to MeDroogies (and the rest of the world) also.

BTW, I still don't like the candles. ORCL has tried
to hit $12.00 the last 2 sessions. It did go over $12.00
today, but dropped back down. Normally this is a sign
of weakness but the 256,600 block trade has me concerned.
Take Care!
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