Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: john o who wrote (10211)	3/21/1999 3:51:00 PM
From: Racso	Read Replies (1) \| Respond to of 19080

John: here are some reasons. The stock is way oversold. The level of relative strength is very close to the early Sep 98 levels when the world looked like it was going to end. Some residual selling may still push the stock down a bit more but the downside looks limited. This is the first in a long time that the most beaten up stocks in the entire S&P universe include mostly names such as COMS, ORCL, CPQ, PSFT, MU, IBM, DELL and INTC. Granted they have had more than their fair share of bad news recently but most of it is well known already.

To: john o who wrote (10211)	3/21/1999 3:59:00 PM
From: aps	Read Replies (1) \| Respond to of 19080

I'd wait till it hits teens. At that time there will be other bargains as well. orcl,dell, and now ibm got hit, let us see what is next...may be intel or sun.. A correction is inevitable. Be cash ready then. Moreover panic may set in towards the latter half of the year when old morons will pull out retirement money because of y2k fuss. That could present opportunities...just my 2c.