Oracle Corporation (ORCL) Message Board

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Technology Stocks : Oracle Corporation (ORCL)

ORCL 191.12

+0.7%

Jan 16 3:59 PM EST

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To: Bipin Prasad who wrote (14137)	7/5/2000 8:38:59 PM
From: Joel Patterson	Read Replies (1) of 19080

> re:PE. You pay more for a quality stock like ORCL. You > can have tons of cheapo Munis at dirt price. Are they > really cheap? Some cheapos like IFMX does not have PE @ > market cap $1.31 bil, are they really worth $4+? I don't > think so. You have to look at other factors than just PE. > How risky is it? ORCL is so solid that you can sleep well > at night. It won't drop 37% over night unlike IFMX. You are dreaming or you haven't looked back a year (March 99) at ORCL when they missed earnings and got slaughtered for 22% in a day. In this market anyone is dead the instant they mis-step. It seems a 40% haircut is the standard punishment now. ...and with all these earnings announcements from companies and some obvious slowdown, you honestly think Oracle is going to sail unharmed through it all? With the predictions they're carrying? I wish you luck, I personally have no position on ORCL.

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