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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: Cynic 2005 who wrote (15376)	12/9/1997 2:52:00 PM
From: Chuck Molinary	Respond to of 50167

Mohan, Thanks for your thoughts on Oracle. I'm thinking this is one to acquire for the long term especially since its being marked down for Christmas. I established a covered call today by buying at 23 1/4 and selling Jan 24 3/8 options for 1 11/16. I'm tending to agree that in the short term they will be flat to slightly off current levels. Longer term I'm bullish.... I agree that no other DB vendor is going to threaten their marketshare. Their database is clearly the most powerful and I think is in position to become the Windows of DBs; squashing all competition. I am a little leary of Ellison's focus however. I hope he doesn't take his eye off the ball (selling and servicing DBs) with all of this Network Computer stuff. I got smoked with Informix when they lost focus and once is enough... As of 2:50, 141 million shares traded! By my calculations that works out to about 7300 shares per second. ctm