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Strategies & Market Trends : Z Best Place to Talk Stocks

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To: Larry S. who wrote (29538)	3/1/2001 10:55:11 PM
From: Paul Moerman	Read Replies (1) of 53068

Larry, it's sure been frustrating to hold companies like ORCL that have been trading down with the market for macro reasons, and then when the individual company admits to experiencing the economy's slowdown, to have its share price whacked another 25-50%. After a while, some of us plain run out of buying power to take advantage of all the buying opportunities! Still, if ORCL trades down tomorrow to the 16-17 area, I'm going to find some way to average down. (Altho I don't like the CEO's personality/lifestyle/choice of friends, I'm confident of his job competence and believe the company's products to be the undisputed market leader)

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