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Technology Stocks : Oracle Corporation (ORCL)
ORCL 200.86+1.0%1:01 PM EST

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To: Jimmy Chan who wrote (5326)2/3/1998 8:42:00 AM
From: Rob C.  Read Replies (2) of 19079
 
If Oracle closes above $25, $30 is a lay up....IMO the MM's cleaned up right here and now have enough inventory to let it move on demand. Matching buyers with sellers is real easy, notice how the stock has been trading, it gaps up then goes sideways. If there were any real selling pressure, the stock would close flat. This would indicate a short term resistance which I feel will be 25. Let's hope we blast thru.

Regards,

Rob
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