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

To: Jeffrey Chan who wrote (7473)6/17/1998 6:39:00 PM
From: Stockwizard  Respond to of 19080
 
Last trade is not down. The is the ask as after the after hours trades are completed the spread becomes much wider. All depends on Asia tomorrow. Should be good. If Asia does well, then ORCL should do extremely well given their earnings and the fact that triple witching tends to exaggerate swings (up or down). If Asia is bad, then earnings will offset Asia and triple witching and we can expect a boring day. HOWEVER, there is no reason to expect that Asia will be poor. Given the news of today for Asia, that the optimism should continue for at least a few days.



To: Jeffrey Chan who wrote (7473)6/17/1998 6:51:00 PM
From: jack wuo  Read Replies (2) | Respond to of 19080
 
Jeffrey: for last trade, I just reported what I saw, could be true trade at the time, could be late report as well. $45 is the price target in next 60-90 days, I was shocked by 41c report; guess it shocked a lot of other folks as well.
if AMZN can fly from $8 to $80 with 45c loss in a few months;
guess Orcl can fly from $24 to $45000000;
so $45 is a small target.
By the way, Amzn is using Orcl database.


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