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


To: John J H Kim who wrote (5436)2/7/1998 12:00:00 PM
From: HammerHead  Respond to of 19079
 
moneynet.com@NEWS-P2



To: John J H Kim who wrote (5436)2/7/1998 12:41:00 PM
From: Mark Fowler  Read Replies (1) | Respond to of 19079
 
From ZDnet news:
"Analysts said the upswing was created by a recent goodwill tour by chief executive Larry Ellison, Oracle's rumored acquisition of Netscape Communications (NSCP) and a general market comeback in database stocks. "



To: John J H Kim who wrote (5436)2/7/1998 5:37:00 PM
From: Mo Chips  Read Replies (2) | Respond to of 19079
 
As of 1/15/98 there were 14,742,021 shares short or about 1.16 days to cover. I would suspect that the price rise in not because of short covering. I would also guess that only just now that the price has shot up are there any meaningful number of shorts....

Where did you get the data to support your comment that there are "a mountain of shorts" out there?

I got my data from the nasd....

Mo