[问题] orcl

[kiki]

has anyone take a look of oracle.
though it slumped today, i still think orcl worthing to buy at current price.

stock mater, klin,
what's your idea on it?
anyother recommendations?

 

[klin]

Huge volume (200M, 30-50M average volume) down today. Not a good sign to jump into a beaten dog like this. NT started its 18-month diving since it missed earning target for the first time in September 2000. All software makers gained today suggesting ORCL's slump could be an isolated problem.

It's fine if you wanna bet short term bounce with tight stop. I would not consider buying it for long term.