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


To: Tech Investor who wrote (4715)12/22/1997 11:58:00 AM
From: vinod Khurana  Read Replies (2) | Respond to of 19080
 
Oracle ready to bounce back according to latest technical analysis.

$21 is the short term support according to the charts. I think if we have a nice rally going into New Years, we could see ORCL attempt to break the resistence at $24 and approach $26 - $27. Anybody who gets in at these levels is going to make a bundle.

The gloom and doom surrounding ORCL has been overdone. Tax selling is out of the way and buyers are emerging pushing this stock up.

V.K