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Strategies & Market Trends : Z Best Place to Talk Stocks -- Ignore unavailable to you. Want to Upgrade?

To: Kelvin Taylor who wrote (39355)5/3/2002 10:11:05 AM
From: Larry S.  Read Replies (2) | Respond to of 53068
 
Unemployment numbers spooiking the market. hmm, maybe the recession isn't quite over yet. granted, unemployment numbers are trailing indicators, but there is more evidence of weakness than strength. larry



To: Kelvin Taylor who wrote (39355)5/6/2002 9:28:33 AM
From: Joe Stocks  Read Replies (2) | Respond to of 53068
 
ORCL at 5X sales, 8X book and a forward PE of 19 still looks a little pricey as compared with it's recent growth rate. With estimates being lowered I would wait for a longer term buy. Could have a nice bounce for a swingtrade if we rally but I would take profits quick.

Joe


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