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

To: Spartex who wrote (4634)12/18/1997 12:47:00 PM
From: Kumar Nathan  Read Replies (2) | Respond to of 19080
 
When everybody thinks that the stock has bottomed why there is no support from the company. I think the managment is anticipating more downside risk. Otherwise they would have started the buybacks. Larry is in a hiding mode. He is not talking and has even cancelled the scheduled interview abruptly. He had a chance to stop the bleeding. He didnt.

Today is my birthday and I am mourning due to my faulty decision of buying ORCL.

Regards

Kumar



To: Spartex who wrote (4634)12/18/1997 12:49:00 PM
From: DarrenS  Read Replies (1) | Respond to of 19080
 
I'd say 3-6months til we see 30 + and 12months to see new
highs.



To: Spartex who wrote (4634)12/18/1997 2:14:00 PM
From: P.T.Burnem  Read Replies (1) | Respond to of 19080
 
Sure Oracle will come back

What makes you think that will?

Last time I checked, Larry E. was still the CEO and Unix continued to lose ground to Windows NT (i.e. Sun/Intel deal).

I expect a dead-cat bounce once year-end tax-related selling stops, but not much more.

PTB


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