Oracle Corporation (ORCL) Message Board

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Technology Stocks : Oracle Corporation (ORCL)

ORCL 189.97

-4.5%

Dec 12 9:30 AM EST

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To: mike fredricks who wrote (3355)	10/15/1997 4:41:00 PM
From: Mark Finger	of 19080

>>i am new to the thread. Is there any reason for the drop lately? Intel announced yesterday, and only showed 20% y/y growth in profits and sales. This was not as much as everyone expected, so they got hammered, and everyone else who is related to computers gets some effects. Most technical (hardware and software) stocks are slightly off today, because they see Intel sales as a forecast of future sales, which they now interpret as slowing slightly. Expect a some bounce back tomorrow unless some other major software vendor releases similar disappointing numbers.

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