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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: Chris who wrote (4177)	12/15/1997 12:25:00 PM
From: Mark[ox5]	Read Replies (1) of 42787

Miguel, I agree with Chris re: Oracle. Why buy a co. that just announced major earnings shortfalls? Whose to say the situation will improve next Q? Usually things happen cyclically .. look at Ascend.. it had 1 bad Quarter this summer and fell from 80s to 40s.. everyone said all the bad news is in the price, we will see a turnaround. So people bought in at the 40s (including me, but I quickly sold out), and after the next Q it had another shortfall, and now it was in the LOW 20s (before the Lucent takeover rumor). At best you might get a small gain.. the one thing Wall Street hates almost as much as bad news is uncertainty Be careful with any co. with Asian exposure. My opinion, Mark

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