Following a fresh low | TIBX Message Board Posts


TIBCO Software, Inc.

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Msg  6 of 8  at  11/23/2007 11:48:50 AM  by

Classof1


Following a fresh low

CNBC had been floating out rumors that Oracle "could" "potentially" "acquire" this company - an if of an if of an if, if you asked me... I got dropped for a miniscue loss in the mid-$7s - stuck my hand out too soon and only held it for a few minutes - but I think in this low-volume, post-turkey environment, this dawg can run up to its 50dma intraday. Wouldn't get greedy here. Anything near the mid-7s should be unloaded into.

Just because Oracle paid thru the nose for PSFT (Peoplesoft) don't mean that they're automatically the NY Knicks. Besides, Oracle is probably heading for the mid-teens, and will soon be kicking themselves for spending all those billions buying back their own shares at much higher prices.


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Msg # Subject Author Recs Date Posted
7 Re: Following a fresh low edz 0 12/20/2007 8:17:45 AM




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