Oracle Corporation (ORCL) Message Board

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Technology Stocks : Oracle Corporation (ORCL)

ORCL 199.39

+0.3%

11:58 AM EST

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To: Glenn who wrote (10364)	4/8/1999 11:06:00 PM
From: Jim Willie CB	Read Replies (2) of 19079

bought bunch at 24, then tripled up in mid-21 when took shares from hands of novices... we are talking about powerhouse Oracle here... 50% hit is a joke... company's newest ventures are in ERP to be sure, but a stable array of database products (best in class) provides a firm foundation... isnt almost everyone in ERP eating SAP's lunch these days? ... friend tells me of new storage server products coming real soon... gotta admit never have believed stories of Oracle hardware related products look for a swing in next couple months, upward, as it retraces downward path... big vacuum after 50% decline will suck price back just on technical terms, with heavy short covering... pipeline is strong in second half of year, and some nice surprises will be made known soon... like within a month... did ORCL execs sandbag the stock with cautious comments... or have they set up the market for new product announcmts? ... are exec stock options locked in April? nice recovery today to set stage for either a bottom in 21's or a fierce reversal... wouldnt want to be the guys who sold at 21-3/8 yday... funds must be buyers today... that is a shitload of volume traded in two days, defining a climax IMO... fund managers gotta see a first rate stock going for a song just the opinions of a poor sharecropper / JW

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