SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Oracle Corporation (ORCL)
ORCL 236.10-1.9%3:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: BrokerG who wrote (18401)3/18/2004 1:05:43 PM
From: robert b furman  Read Replies (2) of 19079
 
Hi Broker G,

I'm not so negative on Larry here.

The whole market is shaking out this last years high priced buyers of stock,

This is just good price action to accumulate more stock on a discount and sell puts.

I can't believe I'm actually going to get the stock put to me.I have always wanted to add more stock as I sold some off at a higher price.

It seems like a good entry to add to and average down.

If Oracle stays below 12.50 by the ned of tomorrow I'll add 5000 shares at 11.00 adjusted cost.

I'm happy with that price as I see the company's profits turning up from here on.I think we're through the worst and this is a great "ADD TO " time.

I must fully disclose I thought that back in 02 also - so I can be wrong.
I just think tech in general is consolidating here vs 01 and 02 we dipped ot hit new lows.

This economy is slowly building into new growth markets - ones which will embrace databases for mid size companies.Those companies who can benefit by database managements many advantages but at much lower costs to implement.

This is the story of the PC.As prices drop,the global implementation accelerates.So too with database management - especially RAC.

Time to ADD TO and Hold with confidence.

I think Larry can get it done and if he does ORCL will be a growth story with better margins and in the twenties.

BWDIK

Bob
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News