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Technology Stocks : Oracle Corporation (ORCL)
ORCL 235.70-3.3%2:10 PM EST

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To: SouthFloridaGuy who wrote (16104)8/30/2001 11:26:13 AM
From: robert b furman  Read Replies (2) of 19079
 
Hi New YorK City Boy,

NOTHING absolutely NOTHING makes me any better than any other investor.

Except perhaps I've waited longer to average down form my initial entry at 15-15.50.

So I'm licking my wounds with the rest of us here.

This .com bubble stock has huge cash -excellent products with wonderful margins and the future will look to corporate efficiencies that mandates the savings of the net.

No doubt this sell-off will go lower and you're right to expect tax selling to cause continued weakness.

Some doom sayers were saying Intel was going to 19 last year but it firmed at 23.50 and never was impacted by tax selling.

This is a real company with real products and I'm hoping institutional support will come in here in this range - heck I may be all wet.

I'm comfortable to buy and hold this stock at this price and let the future unfold as its destined to/

JMHO

Bob
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