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


To: LakesideTrader who wrote (12926)12/22/1999 5:32:00 PM
From: Bill Lotozo  Read Replies (1) | Respond to of 19080
 
I got in at 27 as well and took out half my money so far, way too soon I may add. I've covered most of my initial investment and am happy to leave the rest on the table. Long term, they have always moved up. Oracle has redefined itself several times successfully. Remember when they were a DEC database company? They see the trends before others and move quickly. No reason to think this will not continue so if you are a long term player, I say let the money ride.



To: LakesideTrader who wrote (12926)12/22/1999 5:42:00 PM
From: Pat W.  Read Replies (2) | Respond to of 19080
 
I'm another dumb s#!t who bought at 28, and took my profits at 86; bought back a half stake at 90, and will have to pay over 100 for the other half.
My timing sucks
(just venting)



To: LakesideTrader who wrote (12926)12/22/1999 6:00:00 PM
From: scott  Read Replies (2) | Respond to of 19080
 
Agonizers: ORCL has finally hit the sweet spot. Do not agonize. Anyone who is agonizing in ORCL at this point has never had a multbagger investment before or is leveraged. I say this just to be helpful. I have numerous multibagger investments (QCOM, CSCO, EMC, NOKA, etc.) and today I hit the seven figure mark for the first time. I believe that I never would have hit the double comma if I had not developed a LTBH approach. IMHO, re: ORCL, ...let it ride (disclosure; my ORCL cost basis - $12/sh.). IMHO, the risk in ORCL is now market risk as opposed to business risk. Anyone who has impending financial obligations should give serious consideration to the possibilities of market multiples contracting. But, if you feel comfortable with the market, then ORCL is in the "Sweet Spot".
Merry Christmas and Happy Congratulations to ALL.......
Regards, Scott