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To: H James Morris who wrote (119577)3/7/2001 11:43:10 AM
From: manalagi  Read Replies (2) | Respond to of 164684
 
HJ:

I am looking at solid and well managed companies which are beaten due to market condition. The fundamentals of Oracle remains strong, and in slightly less than 2 years, it should recover and trade above 17 1/2, which is the strike price. The put option is already OTM. I am staying away from companies with nosebleed p/e's and with only a few years in existence. Granted that I won't make a killing a la Billy with his amazon from $ 10 to $ 400/share, but I sleep better.