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

To: alvin ung who wrote (3922)12/9/1997 12:12:00 PM
From: Sowbug  Read Replies (1) | Respond to of 19080
 
<<Using a Quotrek, Ive been watching for the past 5 minutes both the bid and ask are the same at 23.125 with sales going through, any thoughts anyone?>>

After today the market makers for ORCL have reached the point of infinite wealth and don't need to charge for their services anymore.



To: alvin ung who wrote (3922)12/9/1997 12:17:00 PM
From: Kumar Nathan  Respond to of 19080
 
"Using a Quotrek, Ive been watching for the past 5 minutes both the bid and ask are the same at
23.125 with sales going through, any thoughts anyone?
Alvin"

It suggests that MM lost control of this puppy and is an indication further carnage is more likely. It also suggests that the support level is deteriorating.

Regards

Kumar


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