Oracle Corporation (ORCL) Message Board

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Technology Stocks : Oracle Corporation (ORCL)

ORCL 203.86

+2.6%

12:36 PM EST

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To: X Y Zebra who wrote (16074)	8/21/2001 9:26:20 AM
From: Joe Waynick	Read Replies (2) of 19080

I think I have new respect for those who watch insider trading. I looked at all the stocks in your last post and I see your point. I also looked at the links from a previous post of yours, and the insider scores site is very interesting. I'll need to spend some time there to learn a little more. In answer to your rhetorical question, “Why ORCL?” The best reason I can give is because it’s a great company that is currently undervalued, or at least close to being undervalued, depending on which growth statistics you believe. At any rate, it’s not OVERVALUED relative to it’s earnings. My comfort level is $8 per share. Getting my cost basis below that figure through options, short-term and LEAPS, will let me sleep at night. Still, your list of advancing stocks is impressive. Most of those companies are large, stable companies and picking off a few points as they advance doesn't hurt. Neither would taking a reasonable position. Joe

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