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

To: Margarita who wrote (6958)	4/20/1998 7:21:00 AM
From: Still Rolling	Read Replies (1) \| Respond to of 19080

Margarita, For the benefit of those of us untutored in chart reading, could you please explain the nature and significance of a head and shoulders formation. Thanks. Regards, Craig A. Anderson xcitfan@mailexcite.com

To: Margarita who wrote (6958)	4/20/1998 8:35:00 AM
From: Gary Ku	Read Replies (1) \| Respond to of 19080

Now, at least two of us see head and shoulder pattern is forming. It is very dangerous to stay long at this stage, you never know how low it will go. I figure it might go down to 17, where it started to shoot up after company gave out positive outlook for north America and Europe business. It mentioned, so far as I know, the Data Base business for ORCL will grow 25% a year. May be he meant for just one year, not year after year as overly optimistic investors construed as. This might be the reason for it to go back down to where it was and form a nice head and shoulder pattern.