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


To: ehasfjord who wrote (17896)1/22/2003 1:25:47 AM
From: Lizzie Tudor  Read Replies (1) | Respond to of 19079
 
it was news related anyway, Henley affirmed guidance. Had that not happened orcl probably would have been down like everybody else. However, business is improving and eventually that has to show up in software stocks. I think networking getting a little better too. PCs still bad.



To: ehasfjord who wrote (17896)1/22/2003 9:10:24 AM
From: MeDroogies  Respond to of 19079
 
Those negatives are very troubling, I agree.
More to the troubled point is the high mark yesterday was a bounce right off the 20 DMA. Not a good sign.
Still, the worst you can say is it's a mixed bag right now.



To: ehasfjord who wrote (17896)1/22/2003 4:12:15 PM
From: MeDroogies  Read Replies (1) | Respond to of 19079
 
Another mediocre day. Crossed the 20 DMA, but fell back. Still up in a miserable market. ORCL is hangin tough. Could...COULD...make a strong move from here, though, short term.
Market is WAY oversold and ORCL is bottoming out on the technicals. If the general market can muster a 2 day rally, ORCL may be swept up with it.