| Tech Stock News and Analysis |
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| Friday, March 23, 2007 |
After successfully testing support at 2350 the NASDAQ Composite Index closed the week just above the 50 day moving average. If the NASDAQ can stay above this level in the coming week it should be viewed as a bullish sign and may indicate that the market is poised to take another run toward 2500. |
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| Wednesday, March 21, 2007 |
Orcacle (NASDAQ ORCL) reported strong third-quarter earnings. The software company reported earnings jumped to $1.03 billion, or 20 cents per share, from $765 million, or 14 cents, in the same period a year earlier.
ORCL beat the Street estimate by two cents per share. |
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| Monday, March 05, 2007 |
 After topping out last week just above the 2500 level, the NASDAQ has experienced increased selling pressure. The next level of support is at 2350 but it seems more likely that the index will test the 200 day moving average just below 2300. |
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