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Technology Stocks : Oracle Corporation (ORCL) -- Ignore unavailable to you. Want to Upgrade?

To: Bipin Prasad who wrote (11689)	9/14/1999 9:41:00 PM
From: Roger	Read Replies (2) \| Respond to of 19079

Bipin - last Friday when I suggested taking some money off the table, your comment was "why tame money off the table when earnings will be strong, stronger, strongest". The after market carnage this stock has suffered and will continue to suffer for a few more days is why. Greed is a bad thing and Wall St is famous for its herd mentality. I mean - here is a stock which appreciates 35% in a week due to optimism - I think its time to take profits. Unfortunately, this puppy will now be massacred and will be sitting in the low 30s or high 20s in a few days time. It did not even beat consensus by a penny forget about beating the whisper. Where is the damn analyst who came out and talked about a strong Q - what kind of credibility has this person been left with? I think right now there is over optimism built into a lot of the big NASDAQ stocks and I believe ORCL may unfortunately take these down too. Bob Stansky of Magellan now has almost 8% in cash which is the highest level in a long, long time. What do these guys know that we dont.