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


To: Tech Master who wrote (6700)4/3/1998 11:58:00 AM
From: Michael Olin  Respond to of 19080
 
The analysts may not be saying much, but at least the columnists are starting to talk: mercurycenter.com

-Michael



To: Tech Master who wrote (6700)4/3/1998 12:11:00 PM
From: ACEINVESTOR  Respond to of 19080
 
Atleast for now it looks like selling is done, see the intraday chart, the volume has come down after initial sell off.

quote.yahoo.com

Ace



To: Tech Master who wrote (6700)4/3/1998 12:27:00 PM
From: lml  Read Replies (1) | Respond to of 19080
 
TechMaster:

You took the words right out of my mouth.

I don't understand this NC selloff. The underlying premise which has moved ORCL since its "fall from grace" in December has been a renewed level of confidence in the database business, & that ORCL, in particular, has successfully undertaken the transition of re-orienting its sales & marketing organization to leverage its position in database to compete most effectively in the high-growth applications market. NC has never been an underpinning to ORCL climb out of the trenches of the low 20s.

So why does this one study on NCs, & the WSJ (which I haven't seen yet) tank the stock several points? I believe you "hit the nail on the head."

And if anyone doesn't believe that traders manipulate the price of this stock to lower the basis of their firm's or firm's best client's position in this stock over the next performance period, I suggest doing some historical research on the recent trading pattern of this stock - who bought & who sold & when.

What we have seen here is merely an excuse to trade down the stock to load up shares. Volume up considerably over yesterday. Gee?

JMO.