Oracle Corporation (ORCL) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Oracle Corporation (ORCL)

ORCL 221.64

+0.5%

Dec 9 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Wheats who wrote (5041)	1/14/1998 4:33:00 PM
From: Richard D	of 19080

<<Everyone hates ORCL right now, but when do you buy it -- when everyone loves it at $35+/sh?>> Hi Philip, I guess the question is: are we in the denial phase of a Bear Market (for tech's or the market as a whole) or is this merely a pullback in the long running Bull Market? If it's the latter, then it's certainly a good time to buy Oracle (in fact I did own it for the last five days.) If it's the latter, your question should read: do you really, really hate the stock? There have been few things put in the path of the US stock market that have the ability to derail it, but this Asia crisis is certainly one of them. The market's reaction to Intel's earnings makes me believe that the smart money is leaving the market. While I agree you have to climb a wall of worry to make money going long the market, I think I may start to climb a little later and cheaper, hopefully. I said I was Neutral on Oracle now, so I think you have a 50-50 chance of being correct about the upside potential. Regards, Richard

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next