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

To: lml who wrote (12781)	12/14/1999 10:30:00 PM
From: Bill Lotozo	Read Replies (1) \| Respond to of 19080

Agreed. Hi/Fast growth, internet leaders aren't valued the same way as companies like Ford and Citigroup. At least these two are quickly moving to embrace the internet but what of the others in the DOW and S&P 500 who are still waiting on the sidelines. Traditional valuations may tell you to buy when you should sell. You just can't ignore that business is being changed forever -- similar to what the rail roads did in the 1800's.

To: lml who wrote (12781)	12/14/1999 11:48:00 PM
From: Greg Jung	Read Replies (1) \| Respond to of 19080

I'm just telling you the bald reality of it, that if you go by other than relative valuation ie require the supposed future earnings to [ay for your invested funds, a multiple of about 20 is my valuation. At that I'd nibble. As long as the dot.com stock market flourishes without review oracle will have a lot of customers flush with fresh ipo and seed money. Can they make money in the other endeavors? Does anybody make money in a sustainable food chain, in the virtual economy? NO, it is funded by inflows of IPO cash, some salaries are consumed in the middle, at end are the mega-rich CEOs of two-bit hotshit.com. As to perfume, the only perfume that's worth a damn is the stuff you buy at Tiffany's, right? Don't ask the price, just be assured its the "best" brand. Your beloved company is not valued like tomatoes or raisins, with benefit proportional to substance, but as perfume. Congratulations, that is exactly how you want it. Now if you can't take profits now, when can you? You can only lose when your stock drops and you sell, a corollary to that is, you'll never win until you sell when it rises.