Are there any other explanations or concerns for the stock's listless behavior?
I'm currently up 59% in the three short months I've owned this stock and have high hopes for future performance. There was a time, a long long time ago, when folks would have been overjoyed to get that kind of performance in three years, never mind three months. I guess though, that taken in the context of the new cyber-internet-time, the last two months have been rather "listless", but I am not concerned.
"I am not a big fan of oracle and in fact I agree with my, partner, Jeff Berkowitz, when he said this weekend on TSC/Fox show that ORCL is way too inconsistent to bet on." Jim Cramer
One should consider that Jim Cramer exists purely for entertainment value. He's paid to have opinions. Unfortunately his own performance as a manager makes it difficult for him to criticize others. He runs a hedge fund that underperforms the market. I wonder how many of his customers aren't big fans anymore. He might also want to take a look at the "inconsistent" performance of his other company, TheStreet.com. $70 1/8 to $19. I wonder how many of his stockholders aren't big fans anymore. I certainly wouldn't want "bet on" anything Cramer manages, but, he is a fun guy.
Cheers -
RC
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