Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Tech Master who wrote (5324)	2/3/1998 1:18:00 AM
From: Jimmy Chan	Respond to of 19079

AGREE!! i was watching the price action in amazement these days. thinking about selling everyday but the price just kept on going. i'll sell on the slightest drop or even a break even day.

To: Tech Master who wrote (5324)	2/3/1998 1:28:00 AM
From: Jimmy Chan	Read Replies (1) \| Respond to of 19079

it bothers me that after a few days over bull run, all of the sudden that people are being unrealisticly about how the share price will go. this reminds me of last september's WDC situation.

To: Tech Master who wrote (5324)	2/3/1998 10:58:00 AM
From: Wheats	Read Replies (3) \| Respond to of 19079

Tech Master, My charts show the same as yours, ORCL is overbought. I would expect some consolidation in here and then the uptrend to resume. However, I am holding because: 1) I believe the stock to be worth about 40, and it could be there soon. 2) No one can call every up and down move precisely, myself included. 3) I doubt the shorts are done covering. 4) Intel looked overbought several days ago at 82, now its 85 3/4, and probably going to 100+. 5) Remember how fast the techs tanked, well they can rise just as quickly and I would like to fully participate in the party. 6) The company says Q3 (this QTR) will be good. 7) I haven't seen any upgrades yet -- I think they (analysts)are waiting for 10 more points before they feel comfortable with this one. Basically, one risks missing the major move (up) by trading in here -- I've been there before. Phil