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

To: MeDroogies who wrote (12754)	12/14/1999 6:24:00 PM
From: Richard Habib	Read Replies (1) \| Respond to of 19080

>Actually, Paul, Richard has been here for some time....and is usually quite prescient about ORCL in general.< Apparently not this time. It will be interesting to see the CRM and Procurement app numbers. I'll catch the cc replay - should be interesting. Rich

To: MeDroogies who wrote (12754)	12/14/1999 6:37:00 PM
From: Paul van Wijk	Respond to of 19080

MeD. Agree with you on Richard. Posted to fast. But for me it is so obviously clear that Oracle is extremely well positioned from the enormous E-Business boom that I can't understand why people are having problems with the high PE. A few weeks (or months) ago I posted that Oracle probably will run up to a PE similar to Cisco for example. Or Dell in the good old days. The company has an excellent future. So it's a no brainer. Even at a PE of 80. Every once in a while a few dips but on the long run it seems very difficult to lose money on Oracle on a buy&hold-strategy. I recently sold 30% of my holdings because my portfolio needed some diversification after the 300% run-up since october last year. The rest I will hold. Making money has never been easier. Paul