Oracle Corporation (ORCL) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Oracle Corporation (ORCL)

ORCL 217.60

+1.5%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: aps who wrote (10090)	3/13/1999 6:58:00 PM
From: Michael Young	Read Replies (1) of 19080

<<Michael, you really think that analysts have nothing to do with the stock price? do u think orcl would have dropped 22% yesterday if 4 analysts did not downgrade it together? >> ORCL is controlled by large institutions and funds. They have their own internal analysts and don't care much what analyst xyz at a brokerage says. The sell side guys usually just suck up to companies in order to get investment banking business. The simple answer is the stock dropped because revenues were very light. Analysts simply pointed out the obvious and the stock would have dropped regardless of what they said anyway. MIKE

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next