Oracle Corporation (ORCL) Message Board

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Technology Stocks : Oracle Corporation (ORCL)

ORCL 201.95

-1.5%

Nov 28 9:30 AM EST

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To: Adelantado who wrote (9059)	12/10/1998 10:03:00 PM
From: Mike Farrar	Read Replies (1) of 19080

ORCL has run up very aggressively in the past 2 months. I expect a small gap up , but think that there is going to be a lot of profit taking and short selling tomorrow. Buy the rumor , sell the news kind of action. Markets are very edgy right now with all the world turmoil and Clinton impeachment vote coming this weekend. I am going to take profits in the early a.m. Last quarter ORCL got 7 upgrades. I don't think we'll get any more tomorrow, and am worried about its current PE . Good luck to all longs, but don't be too optomistic.

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