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


To: Roger who wrote (11783)9/14/1999 10:21:00 PM
From: Bipin Prasad  Respond to of 19079
 
Roger, Yes, I said "Why unload when we are heading into strong,
stronger, and strongest earnings seasons from now.":
Traditionally Q1 is the weakest and Q4 is the strongest. So we
will see better earnings for the next 3 Qrs. During CC, management
was saying the same thing through out the whole CC.

We might see some dips tomorrow, but I seriously doubt that ORCL'll
be in low 30s and high 20s for long, if any. If we open below $37
and stay there, we'll see series of upgrades, imo.

later,

InSook Prasad



To: Roger who wrote (11783)9/14/1999 11:50:00 PM
From: t2  Respond to of 19079
 
Bob Stansky of Magellan now has almost 8% in cash which is the highest level in a long, long time. What do these guys know that we dont.

Nothing really. They publicize their cash position to get others to dump stock and then pick up the bargains. I would even call it a contrarian indicator. When mutual funds have already increased cash, it means they are ready to pick up some of their favorites.

If one just buys the Nasdaq or Nasdaq100 and the average big fund can't beat that performance, IMHO.