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Technology Stocks : Oracle Corporation (ORCL)
ORCL 201.88-1.5%Nov 28 12:59 PM EST

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To: Big Sky who wrote (3839)12/9/1997 9:12:00 PM
From: Fred Fahmy   of 19080
 
Young Man:

Re: Oracle and the Wintel platform

Thanks for the input. I initiated a partial ORCL position today at 22 15/16. I am generally a long term investor and this seems like a great opportunity to me. Much like CA at the end of last year, or CSCO earlier this year. I took advantage of both of those over reactions and made great returns in less than 12 months. I don't mind if I don't catch the exact bottom. Looking forward 12-24 months I see returns of 50-100% significantly less downside risk. I have reserved additional funds for ORCL should the market choose to act even more irrational.

Good luck to all,

FF
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