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


To: Steve Fancy who wrote (12325)11/4/1999 12:36:00 PM
From: Bipin Prasad  Read Replies (1) | Respond to of 19080
 
Too early to sell cc yet. LL or LM'll be called away
when 3:2 split news comes out. I never never sell
ORQ Dec CCs any more unless you're very nimble. It's
not worth to trade in and out, then miss out those
gap ups in Dec, JMO.

InSook



To: Steve Fancy who wrote (12325)11/4/1999 2:47:00 PM
From: Edwarda  Read Replies (1) | Respond to of 19080
 
The momentum is definitely slowing. I don't know if it is wise to sell covered calls at this point, but the stock looks quite fully valued at this point. The Ford announcement was terrific and shows that the company is doing a good job moving into value-added services that will lead to a strong recurring revenue base over time. However, it will take time for the revenue stream to ramp up and in the mean time the stock is selling well over six times estimated fiscal 2001 revenues.