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

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To: ehasfjord who wrote (17901)1/23/2003 2:18:42 PM
From: Lizzie Tudor  Read Replies (1) of 19079
 
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!


There are outstanding revenue numbers coming in all over software, and license revenue growth. Tom Siebel is looking for 5% license growth next quarter. In this climate I can all but guarantee they have that in the pipeline practically booked. Every enterprise software has hit their numbers to the high side it seems like. I think oracle is going to 17 if we can get this war situation out of the way.
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