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

To: Mo Chips who wrote (4622)	12/17/1997 11:47:00 PM
From: nanu swamy	Read Replies (1) \| Respond to of 19080

I'd say the drop today has more to do with tax selling, the continuous digestion of the recent large drop, options expirations this Friday, and other reasons pointed out by others here. But not because the Dow went down 18.90 points... Well all what you said - tax selling etc - gets directly reflected in a lower DOW... So you have said nothing different! The only difference is that I use the DOW to get a feel for the market and you have your own explanation which finally boils down to a lower DOW. If you get a chance look at ORCL's intraday chart and the DOW's intraday chart at lombard.com today. It is free during non-trading hours and you normally do not see such similarity such as today. If you do not see a similarity between both the graphs then I guess I need to go see an opthamologist! (do not try this on any other website as nobody comes close to lombard with rgd to intraday charts) I am not going to attempt to waste my time trying to convince folks here that ORCL follows the DOW most of the time. If you think it doesn't then just stick to it... This is not AMAT or ASND which behave slighly differently. ORCL is a very "mature" and predictable stock (except for the last plunge from 32 to 23) from my perspective.