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


To: robert b furman who wrote (16124)8/30/2001 10:33:40 PM
From: SouthFloridaGuy  Read Replies (1) | Respond to of 19079
 
Well one thing for sure,we're no more than 12 points of risk - that's a whole lot more conservative than blow-off prices.

What are you saying? If ORCL went from to 0 from 12, you'd be better off than the guy who bought at 80 and it went to 0 because ORCL is "cheaper" now.

You have the same risk in buying ORCL or any stock at 12 as you did at 80 as far as I am concerned. In fact due to rapidly declining revenue and earnings growth, ORCL is in fact more expensive now so your risk is probably greater.