Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Mark Palmberg who wrote (3744)	12/4/1997 8:33:00 PM
From: Joan Osland Graffius	Respond to of 19080

Mark, >>The only things that have me scared about this stock are the analysts' recommendations (lots of 'buys' and 'strong buys' out there). I've been making money for the last six months running directly in the opposite direction of every analyst I could find (adbe, t), but ORCL at 30 was just too much to let slip through my fingers. As you may know I have a long position in Oracle and trade the stock. Also the reason I originally bought Oracle is still intact. I believe Oracle will trade at $47 but I just don't know when. The stock is trading below it's 150 day moving average but the moving average is still going north..not broken in my simple TA approach to life. Like I say the bears always grab ahold of this stock...they have been doing it since 1989..some things never change. The Oracle bears have to make money also.<ggg> Joan