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


To: grogger who wrote (7025)4/28/1998 11:33:00 PM
From: dave  Read Replies (3) | Respond to of 19080
 
This stock will get a boost when the Market Makers are ready to let it happen. As I've mentioned before there has been massive buying of the stock (10,000 - 500,000) blocks on a daily basis at and above the ask since the analyst conference. If I were a Market Maker why would I want to release any good news about the stock until I have accumulated large amounts that I can later distribute. In addition, the Market Makers are purchasing large blocks at the inside bid. Why would they do this if the stock were to fall any lower? They wouldn't. They control the price. If there is any doubt as to whether Market Maker control exist look at trading days leading up to the last quarterly options expiration. Despite beating earnings expectations ORCL and large blocks (10,000 to 100,000) being bought, the price could not break through 29.5. It did the following week.

In addition, there are some people on this thread who present the idea that ORCL has it's own personality and trades independent of other stocks. These people should take a look at the Nasdaq 100 futures and observe how their trading affects ORCL. Also everytime I have noticed bad news coming out before the bell regarding MSFT just about every tech stock trades down. The good ones will recover the day after the bad news as did LU, DELL, and ORCL last Friday.

Happy trading,

dave



To: grogger who wrote (7025)4/29/1998 10:49:00 AM
From: Ralph Balila  Respond to of 19080
 
Bearish sentiment among the brokers and the
general wait and see attitude with the stock.

Rightfully or wrongly, Wall St. has come to the
conclusion (for now) that database license growth
is stagnating and has instead placed a lot of
focus of Oracle's applications business.

Once Oracle shows the expected growth in these
areas then its price will appreciate
significantly.



To: grogger who wrote (7025)4/29/1998 11:42:00 AM
From: Smooth_Sailing  Read Replies (2) | Respond to of 19080
 

>>

I would have thought that this would have given us a nice boost today. I guess not. What is the deal with ORCL? It's got no strength these days. I guess the analyst day really must have sucked.

>>

The software/hitech investment community bets on INNOVATION. Oracle has none. From major, expensive failures like Sedona and NC, to vaporware like NCA, and catastrophes like Applications and Consulting, the investment community is convinced that Oracle cannot reinvent itself. While the competition surges ahead with great innovation and customer-led strategies, LJE continues to drive Oracle into oblivion.

Oracle had a monopoly in a rising market with its RDBMS. Those days are over. It's time for Oracle to return to being a db/tool boutique, and retire all other businesses. The IC will react positively to such a bold, courageous move. It is a sad story for investors, but you need to "kill-your-children" and cut your loses with the Oracle canine.