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Strategies & Market Trends : Z Best Place to Talk Stocks

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To: Kelvin Taylor who wrote (39355)5/6/2002 9:28:33 AM
From: Joe Stocks  Read Replies (2) of 53068
 
ORCL at 5X sales, 8X book and a forward PE of 19 still looks a little pricey as compared with it's recent growth rate. With estimates being lowered I would wait for a longer term buy. Could have a nice bounce for a swingtrade if we rally but I would take profits quick.

Joe
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