Oracle Corporation (ORCL) Message Board

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Technology Stocks : Oracle Corporation (ORCL)

ORCL 146.66

-5.1%

Feb 4 3:59 PM EST

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To: mike fredricks who wrote (5453)	2/8/1998 5:02:00 PM
From: John Stinnett	Read Replies (1) of 19080

Mike, Somewhat related thoughts..... Regarding Oracle in your Roth, I just transferred the bulk of my Oracle to a Roth from a regular IRA. I submitted the paperwork when Oracle was at $19 to establish a low basis but Waterhouse to took so long to move the stock ORCL was back to ~$25. So my tax hit will jump by 30%, luckily I can stretch it out over 4 years. IMO, I think Oracle has another $3-$5 upside in the short term from $27 although I'd be surprised if it didn't lose some ground in the next few weeks, profit taking etc. I'm grabbing more if we dip to $25. John

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