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

To: DarrenS who wrote (4633)	12/18/1997 12:42:00 PM
From: Spartex	Read Replies (3) \| Respond to of 19080

Sure Oracle will come back, but I definitely think that a few months are not going to be enough to heal its wounds. Just look at other stocks taking such a fall (Informix had other problems, I agree). They can take more like 6-9 months to finally start to turn around, and thats assuming that no more bad news is down the road, and Oracle could have more. I'm more of a low risk, longer term investor, and I'm totally amazed by the rash stock pickers who tried to time short term gains with Oracle and Quantum (as it was starting to fall). IMO its much better to take a wait and see position, looking both at the big and little pictures as they develop. Oracle could still trickle down below 22 with no real problem. The bigger question is when will it start trickling upwards.