Eric,
"What have you been smoking?"
Heh, Dude that's my line!!!!!!
You of course are correct that maybe the target I set is a little unrealistic, but here is my reasoning....
This stock is getting a consistent push because of the NC hype, and the fact that is is continually in the news....
Oracle is due to soon release a major Software release (Oracle8 (Their Object Oriented version)), I have heard this release will be announced prior to the end of the year....
Next, The Analysts are again way low on their estimates, and their is another quarter of earnings to be released before the end of the year, this should be good for at least $5-$8...
Lastly, Oracle always seems to split in the $50's, and this is coming up fast, you all saw what split announcements have done to Dell, and Microsoft???
Well, I don't really care how fast it gets there, I am a LOOOONNNNGGG term holder of Oracle, it is my core holding (In my SEP IRA!!)..
But I do have some Jan 45 calls in my regular account I would like to see make a tidy profit by Jan!!! (already a double)
Ernie
P.S. Don't be too harsh on me, after all it is just my opinion, and I like anyone else can be right or wrong..... Who knows???? |
