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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: Susan G who wrote (44635)6/15/1999 9:54:00 PM
From: Georgecc  Read Replies (1) | Respond to of 120523
 
Here is a good summary of the ORCL conference call:

Message 10132091

BTW - I'd like to thank ya'll for a great thread. I'm a Market Gems member, never posted here though... I'm slowly becoming a day trader... the waters are pretty dangerous right now though.

I've been a lurker for a while, still getting my feet wet... actually got 'em burned back in April, loaded up on calls on internet stocks on April 18/19 and got killed, due to failure of my crystal ball, I didn't stay in or get back in, so recovery will take a while, so I decided to go do some homework. Now I'm selectively and carefully doing a little short term trading, some puts yesterday on CMGI, NITE, and EXDS worked out well, and some covered calls (obviously not on the same stocks) are doing OK. I can see that there is good money in short term trading in stocks (or very carefully, options). I admire your guts, your persistence, your careful approach, and your helpfullness to each other.

Anyway, here's my 2 cents worth: ORCL looks good to me, maybe it'll even close the gap at 35. It was up to 28-29 in after hours trading. My money is where my mouth is.

Until later, I'll be lurking...

Thanks,
George



To: Susan G who wrote (44635)6/15/1999 11:57:00 PM
From: Jenna  Respond to of 120523
 
Susan and others.. You are posting very riveting articles but know something..When the article comes from an 'internet publication' or a known internet bull, the report can be slightly biased. I've noticed that a lot lately.. You won't expect anything completely negative in such an article.. Of course I don't like the 'unbiased' reporting in Barron's any better, but just so you know that I've noticed that trend and I wouldn't go by those reports without doing your own dd..

Everyone that prints anything in an 'internet related' publication or a 'columnist' writing on the sector's news, is going to look for the silver lining and although I like to believe it I'm still pretty skeptical.