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


To: George P. Stergio who wrote (15256)2/5/2001 7:53:00 AM
From: Scotsman  Respond to of 19080
 
No, not really. The entire big cap tech sector went down about 8% last Friday, Oracle is just following along.
We didn't even meet average volume.

We are not in the clear yet. I would not be suprised to see 25 somewhere along the way. Just
because people are not willing to hold tech companies and we no longer have the "buy on the dips"
attitude we have had in the past. I think its likely we will trade between 25 and 30 until eanings in
6 weeks.

As far as I am concerned, ORCL is always a buy at these levels. It will be interesting to see
if they are making headway against SEBL. Many analyst don't think so. I do.



To: George P. Stergio who wrote (15256)2/5/2001 9:47:00 AM
From: MeDroogies  Read Replies (1) | Respond to of 19080
 
These days, if ANYONE can figure out what the market is thinking, they'll be a millionaire. More so than in the go-go period.
There are alot more good plays out there, companies that are undervalued, companies that are overvalued. The problem is...it hasn't all been sorted out yet.

As for ORCL specifically...I agree with the previous response. It may hit 25 again (though why is a mystery...aside from general market apathy), but there's not a question in my mind that from 25 to here, it is a buy. Unfortunately, I don't have the cash to buy more at this point.