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

To: S. HYDER who wrote (5468)	2/9/1998 9:12:00 AM
From: IGL	Respond to of 19079

IMHO it will run to $32-$33 in a few days (maybe today) where it becomes excellent short candidate. I'm going to ride it up and down, and again up and down. At this level (27) I'll go long, at 30-31 short and long, at 32-33 short, and loop begins again. Don't you love this game with analyst predictions. ORCL was downgraded on Dec 9, Dec 11, Dec 12, Dec 16 after it went down from 32 to below 20. NOW it's upgraded when it's on its way back to 30s. Do they follow the fundamentals or the stock price? But anyway, can't complain, they help us to make money. igl.