Oracle Corporation (ORCL) Message Board

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Technology Stocks : Oracle Corporation (ORCL)

ORCL 221.64

+0.5%

Dec 9 3:59 PM EST

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To: Raptech who wrote (4157)	12/10/1997 1:22:00 AM
From: Sam Golden	of 19080

I use "second opinion" also and there is no way a computer program could take into account a 10 point gap down. If ORCL closed at 31 you would have gotten the same reading. If it drifted down to 23 over the next week you probabbly would have gotten a OVERSOLD signal If the PE is too high at this level, then were all in trouble and better dump every high cap tech stock. You might be right about 20 but not before you see 25-26. SO IMHO today was a good time to come in. 2-3 point gift is the making tommorrow. Sell order in at 26.

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