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


To: MeDroogies who wrote (9615)2/17/1999 3:49:00 PM
From: lml  Read Replies (2) | Respond to of 19080
 
The market has seemed to have caught a bit of the flu as a result of that Dell cold front that blew thru last night.

What I do suspect as some point is some analyst upgrades on ORCL purely on a valuation basis. The stock is off 15% from its recent highs. I think we're at a technical inflection point at these levels. Is that correct, TAs?



To: MeDroogies who wrote (9615)2/17/1999 3:54:00 PM
From: Tumbleweed  Read Replies (1) | Respond to of 19080
 
Look at the bigger picture !

If you guys would look beyond the Oracle share price you might just have noticed that everything is down this week. There is no conspiracy to drive down Oracle, even if MeDroogies bought options, unless that also applies to just about every other tech stock as well.

I had a lucky escape on Friday, I was going to buy Dell calls but found my account wasnt set up for them :-)! Otherwise that money would have been trash today.

Just sit tight, this too shall pass. (Unless you had options, thats why I hadn't bought them before. Nasty thing,

timing)

Condolences,
Joe