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

To: Kirce Stojanovski who wrote (3988)12/9/1997 3:28:00 PM
From: Richard Monge  Respond to of 19079
 
Good point, I'm just watching for now. I'm definately not buying today.



To: Kirce Stojanovski who wrote (3988)12/9/1997 3:30:00 PM
From: Francis Matthews  Read Replies (3) | Respond to of 19079
 
They do not necessarily sell ORCL if they got margin calls. It would be a good buy between $22 and $28.

<<< WOW indeed.

Rich, I don't think 22 is a good buy. With a 30% drop, there are a lot of investors
who are going to get margin calls. Wait for the seas to calm. >>>



To: Kirce Stojanovski who wrote (3988)12/9/1997 3:38:00 PM
From: Hsi-wei Chao  Read Replies (2) | Respond to of 19079
 
The margin call covering may have already reflected in the volume.
About 40% of the volume was made in the last hour, while the
price has remained pretty stable at around $22 1/2. The bottom
should be here.

Current: 22 9/16 Vol: 51,489,900
An hour ago: 22 11/16 Vol: 32,520,400
(~11:35am PST)


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