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: Lizzie Tudor who wrote (17908)	1/25/2003 3:51:43 PM
From: MeDroogies	Read Replies (1) \| Respond to of 19079

I don't really see much of a difference this year. Fundamentals ARE improving, but uncertainty is much worse. As it turns out, last year was clearly not as bad as many people expected it would be, but next year isn't (based on forward comments) looking all that good. I'm keeping most of my larger holdings in equities (they are so far ahead of where I started anyway, the losses of the past 3 years, while painful, haven't hampered my long term assumptions for the market, which I feel remain quite good. On the other hand, I've been hedging by dodging in and out of overnight trades (quite profitably, I might add). And I've kept my kids' money on the sidelines for the last 6 years (yes, in 1997 I thought the market was beginning to tire and I wanted to put them in at a point when they'd get the best run for their money...which will be soon). Based on their interest, they've outperformed virtually all major indexes during that period...LOL. Go figure. Still, vast consolidations haven't begun yet. There were many in the last year due to bankruptcies, mergers, acquisitions, etc. (primarily bankruptcies, though). But now that fundamentals have improved, I think we'll see more buyouts and mergers this year. Unless there are more Enrons sitting out there. But I doubt that very much. Once meaningful consolidation begins, the market will begin to get a better footing.

To: Lizzie Tudor who wrote (17908)	1/25/2003 11:51:58 PM
From: ehasfjord	Read Replies (1) \| Respond to of 19079

I also think that software is also the most viable arena to be in. The main thing I look at, and I've stated this before, is preservation of capital. I don't short, but do my darndest (if there is such a word), to get in when there is a very good chance that the stock will go up more than it costs now. At present, I believe that everything is going into another tailspin back to the Oct. 2002 lows. That's when I'll jump in "with my fur a flappin, and my pelt awaivin". If there are signs that the NAZ is heading back up, I believe ORCL, CTXS, PSFT, and CSCO will follow, or lead the way. BTW, for a real crap shoot, and I mean a real crap shoot, check out MGIC. I do own MGIC and CSCO, and am looking to buy back into ORCL and CTXS and add to my CSCO position. Liz, Take Care!