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

To: J P Cross who wrote (5517)2/12/1998 12:03:00 PM
From: J P Cross  Read Replies (2) | Respond to of 19079
 
Item Ticker Company Name

1 ORCL ORACLE CORP

Month Shares Avg Daily Days
Short Volume to Cover

01/98 14,742,021 12,685,937 1.16
12/97 9,413,646 20,724,946 0.45
11/97 12,029,601 6,852,007 1.76
10/97 11,401,779 7,319,906 1.56

* S/A = Shares Short / Avg Daily Volume; it may be used as a rough measure of days to cover.

IMO this is positive for everyone long. Oracle had the highest
increase in shares shorted for the Month of 5,328,375 to 14,742,021.

When these start to cover we will see ORCL jump past 30.

I expect the downward pressure to continue for a bit but when we
turn the corner, the shorts will be covering and will send ORCL
to the moon.

Just my opinion. TIFWIW.

JCross



To: J P Cross who wrote (5517)2/12/1998 11:04:00 PM
From: grogger  Read Replies (1) | Respond to of 19079
 
barrons is full of BS. It doesn;t matter what analysts say. What wil it hurt them to call one wrong once in a while. It the ones that they call right that make them look good. If ORCL can exceed like IFMX did look out. I just hope Larry & Co. is right.

Rob


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