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

To: Robert E. Bruss who wrote (4389)	12/11/1997 5:02:00 PM
From: Kumar Nathan	Read Replies (2) \| Respond to of 19080

I am surprised that the company didnt come out with any corrective plans if they are expecting any future slow downs. Corrective Actions implies Lay-offs etc., Regards Kumar

To: Robert E. Bruss who wrote (4389)	12/11/1997 5:20:00 PM
From: Innuit	Read Replies (3) \| Respond to of 19080

We are in a system that has almost immediate response. In such a system both theoretically and in reality the hyper-responsiveness of the system results in overshoot. You and 200 million people all get bad news about a company. You all place orders to sell. There is temporary imbalance the drop is bigger than it should be; the system overshoots. This does not happen when the system is "damped". It used to be that it took time for bad news to get around, and it took time to react. We are in a new paradigm. This happened a couple of weeks ago to COMS. It died on bad news going to about 29, then recovered very nicely to the mid 30s. I don't see why ORCL won't do the same. It is fundmentally a strong company with a virtual monopoly on large database applications. Even if it has a bad quarter or two (actually it wasn't so bad) people need their products and they have a future. Granted some of the businesses they seem to have gotten into may not pan out (the NC) but they will survive and do well. Asia will not fall into the sea. What seemed to stop the route with the recent minicrash was IBM stating they would buy back shares. Imagine how this stock would take off if management of ORCL bought shares and announced that fact.

To: Robert E. Bruss who wrote (4389)	12/11/1997 5:49:00 PM
From: Sjp	Read Replies (4) \| Respond to of 19080

If anyone has every looked for a buying signal this is it. This is akin to a friggin' neon sign in the sky on a cold winter night saying "BUY ORACLE". It's not like Oracle is going out of business anytime soon. Techs live and die by their quarterlys and if you're not prepared to get caught in the downdraft of a buzzsaw now and then, get out of the techs. To those who own in the 30's, don't be stupid and dump like the typical small (minded) investor...unless you need the loss or have a runner to jump onto. As I said before, this is a gift from Santa.