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Technology Stocks : Oracle Corporation (ORCL)
ORCL 220.53+0.3%3:59 PM EST

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To: Peter Frederich who wrote (5005)1/12/1998 4:53:00 PM
From: Robert E. Bruss  Read Replies (2) of 19079
 
I think it was deal old Warren Buffet who said that the ideal stock buy is a great company with temporary bad news. Doesn't ORCL fit this exactly? I'm watching this price and wondering when to go long...
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That's a tough call. It looked like it might bounce off the low 20's ala March, but then Asia kept heading South and since Oracle seems tied to those markets for the moment it's hard to tell. I'd think Asia's about due to head up and given the way those markets act, it should be a strong move and might even take Oracle with it. Might be short and sweet, though. Have to see how that plays out, if it starts at all.
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