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

To: MeDroogies who wrote (15645)	3/20/2001 9:33:34 PM
From: TobagoJack	Read Replies (1) \| Respond to of 19079

Hi MeDroogies, Thank you for the disclosure. What you have been saying now makes vastly more sense, especially for those seduced to LTB&H. I am now 100% absolutely in agreement with you; having done pretty much the same trade on all tech shares over the past few years, and having started unloading December 1999. I also think the future is extremely bright for tech, Oracle, INTC, CSCO, etc etc, and getting brighter with each passing day and each downward tick. Further more, I do not care that if my "pessimistic" targets for the indices never gets achieved, as I will simply evaluate the developing situation as, guess what, they develop. I think disclosure is important so that folks reading our rantings can put matters in context. To simply say ORCL is a buy or hold can be very misleading. Chugs, Jay

To: MeDroogies who wrote (15645)	3/20/2001 10:35:36 PM
From: robert b furman	Read Replies (1) \| Respond to of 19079

Hi MeDroogies. I think there is an entire wave of smaller businesses that could and would benefit from Orcl's data base and enterprise software. It will just require less initial expense and many doors will open with the anticipation of efficiency gains. An entire new wave of customers awaits just like the $1000.00 computer was going to hurt Dell. hehehe Bob Bob

To: MeDroogies who wrote (15645)	3/21/2001 1:54:03 AM
From: Hardly B. Solipsist	Respond to of 19079

This post is more to people that are new to the ORCL thread; I know that MeDroogies has seen all this from me before. I agree with this, and would like to add another point. For some reason ORCL attracts more bashing than I would expect. In my opinion, it's a well-run company, and while Ellison is frequently given to hyperbole, if you pay attention to what he says (rather than how he says it), he's generally right and almost always has good points to make. (He does frequently make statements like "we're about to crush XYZ corp." that you should take with a grain of salt -- I don't know if these are tantrums or part of his cheerleading duties, but all they really indicate is that he's excited about that market.) And whatever one might think of Ellison's public statements, I have never heard Jeff Henley say anything that I later thought was misleading or untrue. (Further, he's quite careful to distinguish between what he knows and what he expects, so I feel that he can be trusted quite a bit.) The point of this is that, while a number of analysts have commented that they don't understand how the quarter could have gone the way it did and that they think that something else must be going on, etc., I really doubt this. At the last CC Ellison and Henley were very explicit about what happened and why they were surprised about it. There is certainly plenty of competition for ORCL, and they are aggressively going after markets that are rapidly changing (increasing their risk), but I believe that you can ignore all of the concerns that get posted about something underhanded going on at the company (as happened at the old IFMX under Phil White). This is just my opinion, of course, but I have been paying attention to the company for a few years now. In the interests of disclosure, I sold almost all of my ORCL last March because I thought that the price was too high, and I have been buying back in slowly over the last couple of months. I don't have a near-term low, although I don't find 10 impossible to believe -- early this year I thought the bottom would be 15, but I've given up on trying to guess the bottom. I do feel comfortable that in 2 years ORCL will be 30 or more if we don't hit a big slump.