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Technology Stocks : Oracle Corporation (ORCL)
ORCL 201.88-1.5%12:59 PM EST

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To: Sowbug who wrote (3909)12/9/1997 11:52:00 AM
From: lml  Read Replies (1) of 19080
 
Yea, you got it. It means that some positions are FORCED to sell. It you don't cover, you don't have a choice. Your position is liquidated.

How's it affect ORCL itself? Not much -- in the long run. But today is a trader's day, not a long term investor's day. There a lot of cross currents at play here & margin selling is one of them -- whether you like it or not.
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