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To: Roads End who wrote (66742)2/11/2001 9:45:35 PM
From: chic_hearne  Respond to of 436258
 
ORCL has been a favorite of mine. I see $10 to $11 before we are done.

Geez dude, that's still a $60 BILLION market cap and a huge multiple on price/sales IMHO. Given that Ellison still holds about 20% of the common, he could drive that sucker into the ground when he bails on them.

You and Earlie are pretty much on the same IBM page but man I want to be there when it goes.

I don't have much faith in my options ever amounting to much. I can't imagine what it must be like in other workplaces. My co-workers are depressed that IBM hasn't done crap in 1 1/2 years, but hell it's only 25 odd points from an all time high. It must be demoralizing to work for a company that has really seen TL & EV in its stock price. Options vest over years typically, so there must be tons of tech workers out there that were multi-millionaires for a while only to see their options now out of the money. How many people out there had their vesting date circled on the calendar just praying their bloated stock could hang on for a few more months/years so they could cash out and retire? Now reality is setting in that they are going to have to work another 20 years and give up that dream of an early lavish retirement. Got Prozac?