Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: TideGlider who wrote (6763)	4/4/1998 3:41:00 PM
From: Jimmy Dell	Read Replies (1) \| Respond to of 19080

My opinion is that the fall on Fri. WAS largely attributable to the NC news, since there was a major article on the subject in Friday morning's WSJ. Negative WSJ articles nearly always cause downward blips, even if not justified. And part of the selloff Fri. was just due to the fact it was Fri. Typical Fri. selling. Many get worried and don't want to hold over the weekend. I don't see anything new that came out of the analyst's meeting except revenues affected by restructuring issues but offset by higher revenues from increased sales. Big deal. I think what we saw Fri. afternoon was a price reflecting mkt inefficiency due to many lacking info as to what was going on. The NC news is nada and the WSJ article nevertheless caused the decline. The analyst's meeting was nada. For that reason I was a buyer at the close on Fri. I believe this one is going up next week.