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

To: Dr. D who wrote (15688)	4/4/2001 8:41:06 AM
From: robert b furman	Read Replies (2) \| Respond to of 19079

Hi Doc, I had 1/4 ly meeting all day yesterday and didn't watch the pummeling.We are in the bottom now.The fast price decrease 2.09 is having an impact. It is now time to hold with confidence .I bot in at 15 and jumped the gun. If i missed the perfect buy by 2-3-5 points - no big deal. I'll worry about the perfect buy no more than the perfect sell.Buying in this range is a double bagger to four bagger IN THE LONG TERM and it will yield capital gains tax treatment. Isn't it just unbelievable? Stocks represent the best value RIGHT NOW and the whole world watches.Here some great numbers on yesterdays trades: Nazdaq 100 - 2 up 98 down Dow 30 all down IF we are investors then value MUST compell us NOW IF we are gamblers - wouldn't you be all over the roulette wheel if it had rolled black 30 times in a roll or only come up red twice in the last 100 times.Double up on red until it hits!!!!!! No i'm not selling -I think I did a good job waiting for Oracle to get this LOW - If it gets Lower I WILL average down - Frankly I think Orcl has looked really good.It's 2.09 drop was fired for effect yesterday it washes out the nervous because of the size and speed of the drop.The next thirty days may well grind out false starts and weakness or we may get one more spike down and that is time to average down. If you bot perfectly at the spike down - the next thirty day grind will be a whole lot easiser. HOLD WITH CONFIDENCE - AVERAGE DOWN IF IT GETS RIDICULOUS WE ARE IN CAPITULATION - ENJOY THE VALUE TO GREATEST EXTENT YOU CAN - LOOKING BACK YOU'LL WISHED YOU MAXIMIZED THE CURRENT SITUATION. THAT IS THE ONE SHORT TERM THING I KNOW - THESE ARE (IN THE LONGTERM VIEW) GREAT OPPORTUNITIES. I'd rather not be perfect and get the value than miss the value and chase. I really hate chasing. Bob