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Technology Stocks : Oracle Corporation (ORCL)
ORCL 201.070.0%Dec 2 3:59 PM EST

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To: John F. Dowd who wrote (8805)11/10/1998 6:50:00 PM
From: MeDroogies  Read Replies (1) of 19080
 
I hardly call a loss of 5/16 to be a "reaction", but really more of a trading cycle. ORCL has hit a high, and will trade back down to about 30 (possibly a little lower), then cycle up again.
I have to admit that I'm surprised this is the cycle it's following...with options coming up.
This kind of "survey", when done by any organization, rarely results in a movement in stock price of any appreciable nature, unless the results are hyped beyond belief.
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