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Strategies & Market Trends : Z Best Place to Talk Stocks

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To: Paul Moerman who wrote (29540)3/2/2001 7:45:17 AM
From: Ron McKinnon  Read Replies (2) of 53068
 
Paul, I guess this is the week for me to pick on you
hope you don't mind

ORCL
there are 10,000 stocks out there
ORCL warns big time
still has a P/E of 25-45 depending on which estimates one wants to pick
so why out of the universe of stocks is this one to "average down" on?

I know very well that it could easily go from 17 to 20 today
or fall to 15
but none of us really have any idea in the world what the odds of either are

maybe, just maybe, cash or a different stock would be a better choice
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