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


To: Trader Dave who wrote (4002)12/9/1997 3:57:00 PM
From: Will Cunningham  Read Replies (1) | Respond to of 19079
 
Oracle Volume -2: Breaks Mark Set In '96 By Comparator

NEW YORK (Dow Jones)--With half an hour left until Tuesday's market close, Oracle Corp. (ORCL) broke the Nasdaq Stock Market's record for trading volume in a single session as more than 152 million shares changed hands.

The previous record was set May 5, 1996, when volume in Comparator Systems Corp. (IDID) totaled about 152 million shares.



To: Trader Dave who wrote (4002)12/9/1997 3:58:00 PM
From: Jeffrey A STEPHENS  Respond to of 19079
 
Hello folks,
As of this typing, I have not even begun to read the226 msgs accumulated on the thread since the NEWS. However, I did average down and brought my total to 1k shrs..
Luck to us all, Jeff



To: Trader Dave who wrote (4002)12/9/1997 3:58:00 PM
From: Kirce Stojanovski  Read Replies (1) | Respond to of 19079
 
Sure there is strength. Investors are hoping for a pop, and shorts knowing investors are hoping for a pop. That generates buying. There will be a pop in the morning but right down it goes again. I am no longer short on ORCL. Covered at 22 5/8. Not bad for a day.

I would love to buy ORCL, but don't expect to much until after December options expiration.



To: Trader Dave who wrote (4002)12/9/1997 4:01:00 PM
From: prakash  Read Replies (2) | Respond to of 19079
 
>strength at days end, the key tomorrow will the stock break $24?
>

That is provided nobodyelse screws up with another bad earnings report or warning.

Couldn't resist.. Bought some Jan 22.5 calls..

Cheers
prakash