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

To: Raptech who wrote (4157)	12/10/1997 1:02:00 AM
From: Raptech	Read Replies (1) \| Respond to of 19080

For those of you tucked in for the night as of now (1:00 AM EST) SEA is taking another dive. If ORCL woes are related to SEA Larry may have another negative day tomorrow. He lost 2.1 BLN today, and dropped from 4th to 7th on the Forbes 400 wealthiest list. Boy, and you think you lost. He only has about 5 BLN remaining. He lost about 30% in one day. Someone should have reminded him to diversify <ggg>. Rap

To: Raptech who wrote (4157)	12/10/1997 1:22:00 AM
From: Sam Golden	Respond to of 19080

I use "second opinion" also and there is no way a computer program could take into account a 10 point gap down. If ORCL closed at 31 you would have gotten the same reading. If it drifted down to 23 over the next week you probabbly would have gotten a OVERSOLD signal If the PE is too high at this level, then were all in trouble and better dump every high cap tech stock. You might be right about 20 but not before you see 25-26. SO IMHO today was a good time to come in. 2-3 point gift is the making tommorrow. Sell order in at 26.