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Pastimes : THE COFFEE SHOP--A place to discuss Minute Subjects

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To: Ish who wrote (23432)9/14/1999 8:21:00 PM
From: Mephisto  Read Replies (1) of 24894
 
Last time Oracle was down, I wanted to suggest that you sell your shares in NN and buy Oracle. I've told you this story b4 though.

Anyway, last fall, I was afraid to make the suggestion. Butt Oracle is a tough company. It always seems to bounce back.

Last fall, The New York Times published, at least, a few negative articles about Oracle. The authors who wrote the articles couldn't understand how Oracle could compete with IBM.

Well, I got scared and sold most of my Oracle shares because I didn't know that much about the company. (And I still don't know much about the company.)

Of course, the shares that I sold increased by 10 points over a couple of months. My loss!!!!

I thought it might be your gain if Oracle backs off. Since Oracle only reported earnings in line with expectations the NAS might be down tomorrow.

Also, isn't there an important economic number out tomorrow?

BUTT, Oracle always bounces back.......And the company tends to keep the stock price reasonable. They split b4 it hits 90 or 100. They may even split b4 it reaches 60. I don't know. You might check. Charlie would know....:)
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