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


To: Sjp who wrote (4025)12/9/1997 4:57:00 PM
From: MJR  Read Replies (1) | Respond to of 19080
 
I got in at 22 13/16 not much before the bell... looking for a nice jump tomorrow at the open.. I'm sure I'm not alone and the odds of this are pretty good. From a past thread entry, looks like after-hours trading will be busy and on the uptrend.

Good luck,
Mike



To: Sjp who wrote (4025)12/9/1997 5:12:00 PM
From: CG TANG  Read Replies (3) | Respond to of 19080
 
Well, we have most of the Wall Street brokerage firms downgraded ORCL today. You name it.

I don't understand why these analysts don't recommend to buy it right now at current level for the next 6 to 12 months. The stock is in an oversold situation. If ORCL earning is flat for the next 2 qtrs, ORCL is still in a pretty good shape.

I recommend a STRONG BUY at current level and what the heck, just use your house as collateral to buy some more if ORCL continues to drop another point or two. However, no investors would listen. We are just accepting the good news when time is good and bad news when things turn sour. Why not someone brave out there scream a STRONG BUY when time is bad.

I think the stock can go as low as $20 for another few trading sessions because most institutional investors get scare but I am not.

Invest in the company not the stock!!!