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

To: Margarita who wrote (6824)4/6/1998 9:33:00 PM
From: Bipin Prasad  Respond to of 19080
 
"Do not try to catch a falling dagger"

When I got ORCL @below $18 during last dip, folks told me
the same thing. 8^)

I too believe that it's a good buy, ORCL at this price.

regards,

BPP(Bipin's partner)



To: Margarita who wrote (6824)4/6/1998 10:00:00 PM
From: ChrisJP  Read Replies (1) | Respond to of 19080
 
Jeez, the stock drops a few points and all of a sudden it's a falling knife ! I would say at this point we've seen a healthy bit of profit taking and the stock had some good buying support all afternoon.

Now of course, who knows what ORCL is going to do for the next few weeks because now it's time for the TECH SECTOR's long overdue correction !

IMHO, it's time to wait until PE's start coming back to earnings growth rates before buying anything.

Chris


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