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Strategies & Market Trends : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?

To: fedhead who wrote (16616)4/10/2003 8:22:43 PM
From: Lizzie Tudor  Respond to of 57684
 
all I remember was in 91 timeframe, which was the end of a bear mkt apparently, people were saying that Oracle was way too expensive to buy.

The high on oracle in 89 timeframe was around 40, then it fell to 5-6 and hung around there for awhile. After the mkt stabilized orcl was about 8. Way overpriced everybody said. That was a whole bunch of splits ago.

So maybe the mkt was not overvalued at the end of 91, but oracle sure was, still- that was the low.


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