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

To: aps who wrote (8334)9/12/1998 2:12:00 PM
From: DanZ  Read Replies (1) | Respond to of 19080
 
<expect profit taking amidst market turmoil on monday.>

aps,

May I please ask what market turmoil you are referring to? It's only Saturday afternoon, the Asian markets and Globex futures don't open for business until tomorrow night, and I don't see any market moving news after the close yesterday.

Thanks,
Dan



To: aps who wrote (8334)9/12/1998 2:49:00 PM
From: Dan O.  Respond to of 19080
 
I assume that some of the buying Friday was short covering. With that out of the way I would expect the price to relax a little. Of course the DOW moving +- 300pts could have some effect too <g>.

Dan Ogens



To: aps who wrote (8334)9/12/1998 8:25:00 PM
From: Brian Moore  Read Replies (2) | Respond to of 19080
 
This will be a 30 dollar stock in about a month.

I'm not as sure about this as you are. It was 19 and change about a week ago. To hit 30 would be a 50% gain in just five weeks.

We've already heard about the earnings. Oracle will hit 30 only if there is a big move up in the overall markets in the coming month. I'm not sure we can count on that.


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