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


To: Trader Dave who wrote (3693)12/1/1997 9:03:00 AM
From: Xpiderman  Read Replies (1) | Respond to of 19080
 
Oracle (ORCL) Goldman Sachs downgrades from "recommended list" to Market outperform"

ORCL is listed as low as $31 7/8 as of this morning. I will see if Goldman's money follows their mouth.



To: Trader Dave who wrote (3693)12/2/1997 10:40:00 PM
From: grogger  Respond to of 19080
 
this Goldman downgrade is a bunch of crap. They did the same thing a few quarters ago and then ORCL hit estimates and took off. Of COurse they do this during the quiet pd. Then UBS tried to make a name for itself and tried this too. Now all that ORCL needs is to hit estimates and it will fly. I bet the Goldman people are buying as we speak as they had done before. 4 different brokers reiterated their buy ratings within the last 2 days. I'm looking for a nice rebound!!

Rob