Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: MeDroogies who wrote (16868)	5/3/2002 12:07:43 PM
From: TobagoJack	Read Replies (1) \| Respond to of 19079

Hi MeDroogies, <<It isn't a question of who is right or wrong, since opinions are what make a market>> I am guessing this thread is not into ribbing, as at the BBR, so OK. <<... falling from 67th floor ... fallen from the 3rd floor ... hardly what goes through ones' mind ...>> I had been in an Singapore Airline flight that hit an air pocket and went into a free fall for what seemed like a few seconds (hostess ended up first on the ceiling, then the floor). I had let out a yell along with just about everybody else, and very quickly I went deathly calm, thinking 'this is it, all my affairs are in order, and down we go'. My knees got wobbly only after we had landed. Perhaps a fall from the third floor does not give enough time for much thinking. 67 floors affords much more time for the mind to focus on things that matter. I drafted this post while you added the bit about the <<tumor removed>> ... as you can see, an extended period of time affords the mind time to think and think well, as opposed to simply practice a short term denial followed by possibly intense, perhaps irrational, but inevitable and shorter term panic. Chugs, Jay

To: MeDroogies who wrote (16868)	5/3/2002 12:23:25 PM
From: andydaoust	Read Replies (1) \| Respond to of 19079

Me, Don't some mutual funds have to sell under $10? Could that explain the huge drop in the last few days? Could we make money when the mutual funds start buying back when it goes above $10? Merrill Lynch is consistently wrong. The broker, in the mid 90's, used to call me and advise selling a stock at $30 and then advise 3 months later to buy it at $100. I just did the opposite until I got tired of paying $200 per trade. My largest position is now ORCL. I should have sold out at $17. I was concerned about the p/s ratio. However, I thought in five years the demand for databases would be strong. We are in a information based society that will only get larger, worldwide. A lot of the old economy companies still use the old main frame systems with cumbersome interfaces. I feel they will upgrade and be Internet based, which can only mean more database sales. The government is probably the worst since they decided to renew the visas of the dead terrorist in the WTC tragedy. It seems an overhaul of their information systems are needed. At any rate, the P/S ratio is now about 4. This can probably go to 2. But the P/E would go to 10. So at what point would the market feel we have value in ORCL? Bottom line I will stick it out, and if it goes below $5 be buying. Not that I know anything. Andy D