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Technology Stocks : Oracle Corporation (ORCL)
ORCL 191.09+0.7%Jan 16 9:30 AM EST

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To: LakesideTrader who wrote (12926)12/22/1999 6:00:00 PM
From: scott  Read Replies (2) of 19080
 
Agonizers: ORCL has finally hit the sweet spot. Do not agonize. Anyone who is agonizing in ORCL at this point has never had a multbagger investment before or is leveraged. I say this just to be helpful. I have numerous multibagger investments (QCOM, CSCO, EMC, NOKA, etc.) and today I hit the seven figure mark for the first time. I believe that I never would have hit the double comma if I had not developed a LTBH approach. IMHO, re: ORCL, ...let it ride (disclosure; my ORCL cost basis - $12/sh.). IMHO, the risk in ORCL is now market risk as opposed to business risk. Anyone who has impending financial obligations should give serious consideration to the possibilities of market multiples contracting. But, if you feel comfortable with the market, then ORCL is in the "Sweet Spot".
Merry Christmas and Happy Congratulations to ALL.......
Regards, Scott
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