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Technology Stocks : Oracle Corporation (ORCL) -- Ignore unavailable to you. Want to Upgrade?

To: t2 who wrote (11389)	7/27/1999 11:47:00 AM
From: MeDroogies	Read Replies (1) \| Respond to of 19079

They have a history of profit warnings? Since when? I suppose if you go farther back, but in the last 7-8 quarters, they have only warned once...and they should have warned twice (but that's another story). I don't think that is a "history" of warning. I've held other prominent stocks that have warned far more frequently. If anything, what I have found is that ORCL has, for the vast majority of the last 8 quarters, EXCEEDED estimates. Usually by about 4 cents - and even in quarters where revenue was shy of expectations. What I think alot of investors miss is that this is actually a sign of strength in a company like ORCL. If revs are short one quarter, but they still make or exceed estimates - it shows good cost control. Cost controls roll over quarter to quarter, usually, making it likely that they can hit estimates again if revs are short, and even exceed nicely if they hit rev estimates (as we saw last quarter). True, this may be a slow quarter for ORCL, but I don't like to take a short view of fundamentally sound companies. Daytraders can have a good time, but I know that the vast majority of daytraders lose $$. I'm still way ahead, even IF ORCL slides a bit. When a company like ORCL has insider selling, it says to me that the insiders have seen opportunities that may be better/that they need some cash/that they are diversifying to avoid overreliance on one stock.

To: t2 who wrote (11389)	7/27/1999 3:45:00 PM
From: silverstein	Read Replies (2) \| Respond to of 19079

Tech2000 - In the recent British open, Jean Van de Velde was leading the field by 3 strokes going into the final hole. The fundamentals were all with him - he couldn't lose unless, of course, if he tried to be a hero by taking dramatically stupid risks. Well, we all know what happened. The commentator gave his opinion of the first two choices that Van de Velde made on the last hole, "dumb and dumber". Your last few posts and actions that you claimed you have made follow a similar pattern. Oracle's fundamentals and the growth of e-commerce on the internet virtually guarantees significant appreciation of ORCL equities in the next few years. To even ask the question whether to short ORCL was dumb, to actually short it was even dumber! SDS