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

To: twt who wrote (9488)2/2/1999 2:50:00 AM
From: Kurt_Ruckus  Respond to of 19080
 
By the time earnings come out it will be back at 60, with this split. He doesn't like selling his stock for too much so everyone can buy it.
;-)
k



To: twt who wrote (9488)2/2/1999 3:44:00 AM
From: Chris Lin  Respond to of 19080
 
Every stock has its tradition of splitting at certain price.
For ORCL, it's about $60 historically and always 3 for 2.



To: twt who wrote (9488)2/2/1999 9:23:00 AM
From: MeDroogies  Read Replies (1) | Respond to of 19080
 
I am sure earnings are fine....
GE announces splits after the stock hovers around 100-110 for a certain period of time. Ellison probably saw the stock blowing past 60 come earnings, and felt it was best to press the issue before he had to do a 2-1 or something not in his nature.


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