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

To: jack bittner who wrote (13318)2/28/2000 10:00:00 PM
From: Guardian  Respond to of 19080
 
the latter-itwo provides cmrc with its technology as i understand it - not sure on overlap if any with orcl



To: jack bittner who wrote (13318)2/29/2000 7:06:00 AM
From: sam  Respond to of 19080
 
ITWO fell dramatically the day before...so yesterday was a bounce (albeit a nice one). ORCL had a "sell the news" day. By 10 in the morning yesterday, it had already risen 15 or so points in two days (almost 30%), and for a company with a market cap of 200 billion -- that's quite a nice jump. So "profit taking" is quite normal imo. May it give back some more? Of course. Is this the end of the run? Not in my opinion. BWDIK



To: jack bittner who wrote (13318)2/29/2000 9:01:00 AM
From: Kevin Podsiadlik  Respond to of 19080
 
I certainly wouldn't read too much into a single day's action, especially since the market was kind of in a contrarian mood yesterday. The selloffs after 11:00 and again after 3:00 weren't on a whole lot of volume. I think they may have been more daytrader-related than institution-related.

Now if ORCL continues to show weakness today and tomorrow, then there might be a reason to worry.


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