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


To: SouthFloridaGuy who wrote (15414)3/2/2001 10:18:52 AM
From: MeDroogies  Read Replies (1) | Respond to of 19079
 
LOL...5 months ago?

And where were you 3 years ago when I bought at 5? Thankfully, I sold much near the peak, though I don't have you to thank.
However, I don't engage in schadenfreude, either.

I still own 200 shares, and I'm hanging on, thank you. This is no con game, and you'll be eating crow in about 6-12 months.

This is still the market leader. See you at 30 (though I won't be surprised to see 5 and will buy a boatload at that point!)!



To: SouthFloridaGuy who wrote (15414)3/2/2001 10:29:05 AM
From: trilobyte  Read Replies (2) | Respond to of 19079
 
and what are you warning us about today?



To: SouthFloridaGuy who wrote (15414)3/2/2001 10:59:00 AM
From: JSwanson  Respond to of 19079
 
5 billion shares outstanding, what a total joke.
IBM, a much larger company by all respects, has only 1.75 billion shares.


What does that have to do with anything related to value. So ORCL has split its stock more times than IBM. Splitting stock adds no value and it subtracts no value. IBM maybe larger in many respects but its revenue growth and EPS growth are much lower than ORCL and IBM is also saddled with many huge cap ex projects that software companies really don't have to contend with.

As for warning people a few months ago, WOW! You really went out on a limb. The stock was trading at over 100x forward EPS when it had averaged roughly 32x over the past 10 years.

If this stock trades at $5.00, I'll be backing up the truck!