SI
SI
discoversearch

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: zc66 who wrote (6651)4/2/1998 4:37:00 PM
From: Tom_  Respond to of 19080
 
How about this?

You're a trader sitting on ORCL with a profit, and the analysts are going to say yea or nay tomorrow or Monday. You don't want to take any chances, so you bail now and get back in later.

Or how about this: I don't know.



To: zc66 who wrote (6651)4/2/1998 4:50:00 PM
From: SCourt  Respond to of 19080
 
That's right, no news. Just some profit-taking and some
speculating on so-so news from the conference. You've got a
group out there that want to sell into the strength, but when the strength doesn't come when they expect it, they bail to lock in
what they have just for insurance. The market's real jumpy
now. Check out the big losers on the Nasdaq today.

The momentum in Oracle will be feverish after this next
earnings report. It will be a good time to take
advantage of the overbought state it will be in.

Sell into strength or resistance, not with the
low volume sheep-sellers.



To: zc66 who wrote (6651)4/2/1998 7:44:00 PM
From: twt  Read Replies (4) | Respond to of 19080
 
The slide could be due to the news below.......

Shipments of network computers, low-cost devices that draw their
computing power from networks, were less than expected in 1997 and
probably will not be "significant" at all this decade, an
influential market reseacher said. Shipments of the devices
tallied just 144,040 units in 1997, less than previously
anticipated, according to a report by Dataquest. Shipments of
network computers will rise only to 482,196 units in 1998. This is
a tiny fraction compared with 90 million personal computers, or
PCs, shiped in 1997. NCs drew a lot of attention in 1995 and 1996
as promising, low-cost alternatives to full-blown PCs. Companies
like ORACLE CORP, SUN MICROSYSTEMS INC and IBM set out to design
or build these machines. (Reuters 08:55 PM ET 04/01/98) For the
full text story, see
infobeat.com

Any comments?
Good luck to all.