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

To: Adelantado who wrote (9059)12/10/1998 10:03:00 PM
From: Mike Farrar  Read Replies (1) | Respond to of 19080
 
ORCL has run up very aggressively in the past 2 months. I expect a small gap up , but think that there is going to be a lot of profit taking and short selling tomorrow. Buy the rumor , sell the news kind of action. Markets are very edgy right now with all the world turmoil and Clinton impeachment vote coming this weekend. I am going to take profits in the early a.m. Last quarter ORCL got 7 upgrades.
I don't think we'll get any more tomorrow, and am worried about its
current PE . Good luck to all longs, but don't be too optomistic.



To: Adelantado who wrote (9059)12/12/1998 10:37:00 AM
From: Pruguy  Read Replies (1) | Respond to of 19080
 
you shouldn't spread garbage like that....it ruins the credibility of the thread, not to mention yours. You never read the report because it doesn't say the things you say it did. All the analyst did was lower the buy level by one notch because of some uncertaintiy regarding the future. After the facts came out he raised his 40 dollar target to 45....get your facts straight or don't post them.....better yet, go to the yahho thread where you belong


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