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


To: Michael Grosz who wrote (12972)1/5/2000 7:19:00 AM
From: Bipin Prasad  Respond to of 19080
 
Michael,

1. Yes, it looks like a mixed message on surface. But look at this a little bit deeper. Everybody has right to get some regular reward for the family, imho. They work hard and they deserve new toys, too. However some folks feel that ALL Insiders should Never sell at all at high or low. If they sell at high it's bad. If they sell at low, it's the end of the company. As it is they have limited "windows" each qr to sell a little bit from time to time. Most smart companies insiders should have "regular sale" on schedule to be fair, so folks will have better understanding about their sale. For the long term there'll be less bumps like we saw yesterday.

ORCL today is in the best shape ever. Y2K is over, so large and mid size companies will invest in ORCL's software to be more productive and efficient. On top of that, ORCL will be entering two strongest earnings seasons from here. If they were going to sell a little bit, don't you agree that timing was perfect? I appreciate their thoughtful timing. I really hope folks can see why they had to sell today, not in Dec and neither in Jun.

2. Whenever there's a bump, ORCL always releases "big deals" immediately or LE will show up on media to boost if he has to "support" share holders. Not many comapnies know how to handle bumps like ORCL does for us.

Happy investing!

InSook Prasad



To: Michael Grosz who wrote (12972)1/5/2000 7:47:00 AM
From: lml  Respond to of 19080
 
. . . but Management sends a mixed message at best when officers and directors sell big while also "supporting"
the stock price.


Michael:

I think you are missing the essence of these insider sales. These are individuals who are selling who happen to be management. This type of selling cannot be interpreted as a signal by management. Similarly when these individuals are NOT selling, one cannot interpret such inaction as management support of the stock price.

I think you are reading too much into these sales, & IMHO, so is the market. Just think, if you were in the position of Lane or Henley, wouldn't you want to realize some of the good fortune & fruits of labor the market has indirectly awarded you by valuing ORCL stock at the current levels?

Another point of view.



To: Michael Grosz who wrote (12972)1/5/2000 9:41:00 AM
From: MeDroogies  Read Replies (1) | Respond to of 19080
 
They are selling such a small # of shares, it is hardly a negative. 1% of total shares? Please. They make an arrangement with the brokers and the shares pass hands in a virtually invisible transaction, because the brokers don't want to mess the market up.
In addition, these guys can't be expected to hold ONLY ORCL. They have to be allowed to diversify.
I see this as a HUGE positive, to be honest. Shows that they are holding a large % of their shares, but they want to put some cash into other investments.....perfectly logical. Could be there is a demand overhang, too, and this is their way of dealing with it.