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

To: WTSherman who wrote (14902)	11/20/2000 10:26:49 PM
From: Scotsman	Respond to of 19080

The only problem I have had, and always have had, is setting entry points. Some say 25 is a good entry, others say its going to 15. Whats to say it doesn't go to 10 or 5? Depends pretty much on the market in general I think. After all, I have seen dozens of companies sell under book value, so you can't use that. If Oracle, say has a quarter where they only grow at 4% instead of the 15% level, what happens then? Does it go under 15 like previously posted? Or do more logical heads prevail. I will be the first to confess I am not smart enough to time this. I simply buy on the way down and figure that ORCL will be around for a few years to come at a higher price than it is now. Hopefully LE doesn't go off the deep end or the competition doesn't eat its lunch. Who knows. Thats what makes a market work. Besides, we are in a bear market as far as I am concerned. Generally, ORCL has behaved like SUNW or the other generals in the NAS. So the saying goes when the generals start to get shot, the bears about done. Will we have a soft landing. I don't know. Seems to me we may, or we may not. Its irrelevent long term.