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


To: Steve Fancy who wrote (12436)11/12/1999 1:14:00 PM
From: Bipin Prasad  Read Replies (2) | Respond to of 19080
 
1. It never hurts to lock profits.

2. I don't think it'll retrace big anytime soon unless if LE doesn't come up with "reor. is almost done and we'll save $xyz as result" on Tue. I seriously doubt LE will fail to do so next week.

Pru just had a meeting with ORCL. Pru issued "strong buy" if I'm not mistaken. Crooks has more to loose if he's not right than anyone because he's trying very hard to make his name in ws with ORCL calls. Not many folks knew about him until he made first bad call just before earnings, then he was quick enough to learn. He stuck his neck out once and he was right. This last one was his 2nd call. So if he's right this time, he can show more than 50%:50%.

Most of all, LE and his teams are demanding for "respectable price" for ORCL. I think they are going to get it, imo.

Hope it makes 2cents to you. (^_^)

InSook Prasad