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Technology Stocks : Oracle Corporation (ORCL)
ORCL 136.48-6.9%Feb 5 3:59 PM EST

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To: Spiderman who wrote (5434)2/7/1998 5:25:00 PM
From: Mo Chips  Read Replies (1) of 19080
 
As I said before, CNN-fn reported that there were very bullish comments made by management. I suspect the closed door analyst conference on Friday gave big MMs confidence to get back in. I really don't think share by-backs are happening. Why are share buy backs what everyone always wants and thinks drives the price up??? I think it is a purely psychological event...

Mo
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