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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Amir Shalit who wrote (96931)	7/24/2002 10:20:57 AM
From: Sanjay Mazumdar	Respond to of 132070

Amir, I don't buy stocks that don't make money. I also don't understand how SOX works or why I should even bother with it. If a stock is cheap it has to be cheap in absolute terms. Like the business is free when it is selling for cash value. Or is a market leader in an area where revenues are growing at 200% a year and selling at 6 X trailing sales and I think is cheap. The stocks you mention are not cheap and frankly I see no reason to buy stocks you mention at current levels. BTW I think ORCL is in deep doodoo on a long term basis anyway. Howver there are a number of companies (I own over 20 of them). Maybe they are drags or maybe not we shall see over the next few years. For example take a look at OVER, DRIV, WEBX, QMDC, NETE, NOVL, EPNY, ITWO, GEMS, HAND, PALM, CTXS, LGTO, SUNW, RATL, ADPT, VIGN, AKAM, OPWV, SFE, KANA, ASCL, WIND, HPOL, CHKP, VRSN, NET, ELNK, AOL, CHKP, SYMC. Disclaimer : I own most of the stocks above and expect to buy more as they drop unless something fundamental changes.