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


To: Chris Anderson who wrote (10350)4/6/1999 9:09:00 PM
From: Maverick  Read Replies (1) | Respond to of 19080
 
current fears exaggerate potential earnings troubles
Software group stunk up the joint again Tuesday... If you ever wanted evidence
that momentum swings both ways need look no further than stocks such as
Network Associates (NETA 21 15/16 -7 1/2), Keane (KEA 18 15/16
-15/16), CompuWare (CPWR 19 7/8 -1 7/8), BMC Software (BMCS 32 1/4
- 9/16) and Oracle (ORCL 23 11/16 -1 5/8)... Stocks off their 52-wk highs by
68%, 69%, 50%, 46% and 42%, respectively.

Only stock to escape the wrath of bears was Computer Sciences (CSC 58 5/8
+2 3/4).. No news of note, but stock has had troubles of its own lately as it is
22% off its high..

Patient investors willing to ride out near-term trouble spots likely to be well
rewarded in a number of these stocks as current fears exaggerate potential
earnings troubles... But considering this is a momentum market and the
momentum here stinks could be awhile before stocks come back to life.