Oracle Corporation (ORCL) Message Board

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Technology Stocks : Oracle Corporation (ORCL)

ORCL 202.00

+0.1%

10:14 AM EST

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To: Sjp who wrote (4025)	12/9/1997 5:12:00 PM
From: CG TANG	Read Replies (3) of 19080

Well, we have most of the Wall Street brokerage firms downgraded ORCL today. You name it. I don't understand why these analysts don't recommend to buy it right now at current level for the next 6 to 12 months. The stock is in an oversold situation. If ORCL earning is flat for the next 2 qtrs, ORCL is still in a pretty good shape. I recommend a STRONG BUY at current level and what the heck, just use your house as collateral to buy some more if ORCL continues to drop another point or two. However, no investors would listen. We are just accepting the good news when time is good and bad news when things turn sour. Why not someone brave out there scream a STRONG BUY when time is bad. I think the stock can go as low as $20 for another few trading sessions because most institutional investors get scare but I am not. Invest in the company not the stock!!!

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