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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 (40753)	6/18/2002 4:12:36 PM
From: Ron McKinnon	Respond to of 53068

market on fire ah off of orcl orcl 10.30 qqq>>29 etc etc

To: Kelvin Taylor who wrote (40753)	6/18/2002 4:12:50 PM
From: DanZ	Read Replies (2) \| Respond to of 53068

ORCL flying after hours, currently up over a buck at 10.20 on this news. biz.yahoo.com Oracle Reports Q4 Earnings per Share of $0.14 Excluding Investment Impairment Charge; GAAP EPS of $0.12 Q4 Operating Margin Increases from 39% to 44% Full Year Operating Margin Reaches Record Level of 37% Goes to show you how oversold this stock (and many others discussed here) are. BWAC, you just had to go and talk about VLSI, didn't you? I used to trade that stock and held a big position when the rumored merger with LSI failed to go through. The stock fell from 20 at that point, then when the VP (his name slips me) resigned, it fell through support at 15, then the bear market came for the SOX and it fell to 6. There's a post somewhere on the VLSI thread here on SI (or maybe this thread) where I opined that they would be bought out. I can't recall the specifics of the post, but it was quite an involved analysis from what I remember.