1. Exchanges,
All of them are true. We have many kinds of Terms and conditions so far. We do not know specific $$$ amount yet as far as I unerstand. If you go back some of PRs from Dec 10,99, you will find them all. I tried to search some for you this morning, but ORCL has too many prs ......
2. PE,
Jack you know better than that for you've been investing almost 5 decades. So, I'm not going to insult your intelligence with all kinds of bs. But One thing, market is very efficient for sure, even though we have many idiots like me to mess up smart analysts.
I used to get killed by using simple PE in SEMIs till I learned that you have to buy tech commodity stocks when PE is the highest and dump them when it's the lowest. Each industry is different. No one size shoes will fit all. ORCL is one of the cheapest for its potential, imho. I just love ORCL's engineers, management, leaders and their vision/spirit. What more do we need for investment? (^L^)
later,
InSook Prasad |
