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Technology Stocks : Oracle Corporation (ORCL)
ORCL 198.37+3.1%3:59 PM EST

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To: alydar who wrote (17167)6/6/2002 11:15:09 PM
From: robert b furman  Read Replies (2) of 19080
 
Hey guys lets face - the price is right.

One of the advantages of owning a debt free -PROFITABLE company is you can reduce the outstanding shares if it is the best investment out there.

So what should they do with retained cash - hoard it so they can get a whopping 1.5 % on their cash.

Develope new software when they already have and the market isn't buying or put it to work buying back stock - when the price is right.

Wonder why they haven't been saying much - heck they like the value.If stockholders are so damn dumb they sell at the bottom invest in yourself and sell when the lemmings are in love with you sell it back to the mullets.

Same old game - you have to like it or you shouldn't be here.

JMHO

Bob
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