Oracle Corporation (ORCL) Message Board

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Technology Stocks : Oracle Corporation (ORCL)

ORCL 217.28

-1.2%

10:34 AM EST

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To: Joe Antol who wrote (5519)	2/12/1998 9:57:00 PM
From: voyager.ed	Read Replies (1) of 19079

Joe, I have no inside knowledge but I would be very surprised if Oracle sales are flat for the next 2 quarters. The last quarter was a wake up call, and they will respond, especially after saying bold things to the public. Look for upside surprises. As for shorts - they won't run for cover until they start getting hurt. Do you think a few shorts covered last Friday during a run up of 3 points? Have you thought that some of the move from 18 to 27 might have been some shorts covering. I know when I'm short a stock I constantly am concerned with an up spike, and if I'd been short ORCL in the high teens or low 20's I would have been gone!. By the way I'm long ORCL, and expect low 30's on this run. I think a lot of this week is consolidation and wait and see who wins the short term tug of war. regards, Ed

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