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


To: jack bittner who wrote (13734)4/20/2000 9:22:00 AM
From: Bipin Prasad  Read Replies (1) | Respond to of 19080
 
Yes, as I posted earlier my long waited buy order @65 got filled on Fri. and sold naked puts. I don't buy any on option expr., but sell options. Yes, I'd buy ORCL in mid '70s.

Most folks know that techs will slump during summer, it might change soon. Savvy tech investors will nibble in as soon as May rate gets clear up, imho.

For example, everybody knew that SEMIs go up from Sep for yrs, so it started to go up from May last yr and peaked during Sep instead of Dec.
siliconinvestor.com

If one is a follower, it's safe to wait for break out to buy, if you are a long term and savvy ones, you have to get in when sentiment is so low but great fundamental.

In general, ORCL's 4th qr is the strongest and 1st is weak one. But because everybody knows about it including LE, I bet ORCL will work very hard to smooth out that wrinkle for this yr. So I'm not waiting for summer to pick up more ORCL, I'm working on it Now. Can't make much money if one is a follower, imho.

later,

InSook Prasad



To: jack bittner who wrote (13734)4/20/2000 10:35:00 AM
From: Bipin Prasad  Respond to of 19080
 
Because of option expr today, I venture to say ORCL'll close at around 75 to kill off some option holders.

later,

InSook Prasad



To: jack bittner who wrote (13734)4/20/2000 3:38:00 PM
From: LAWRENCE C.  Respond to of 19080
 
Jack, bought back ORCL today in 73's. IMHO Weekly chart combined with today's action shows ORCL may be forming a base above 70.
Lucky Lawrence