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Technology Stocks : Oracle Corporation (ORCL) -- Ignore unavailable to you. Want to Upgrade?

To: Sam Nizam who wrote (4114)	12/9/1997 9:23:00 PM
From: John R Storey	Read Replies (2) \| Respond to of 19079

How does one post here without responding to someone else's message (and inheriting their subject line)? ORCL may have hit a speed bump, but unless the market seriously corrects (and if it does we will all fall with the tide) then you KNOW it's going back up. Why? (1) Money managers only have so many relatively solid, brand name companies they can put money in. This does not make Oracle fundamentally unsound - they are just being hit by the same Asian currency problems that many multinationals will be hit by. And ORCL is the database market. People will continue to need more databases. (2) In this short term market, all is forgiven. It may take till January, it may take until ORCL Q4, but it will happen. Those of us in low (22 15/16, yay!) will be rewarded for our patience. But it won't likely come back this year because of (3) Window dressing! What mutual fund manager wants to send out his quarterly report and show that ORCL is on the list now! With only 15 days of trading left I don't think that ORCL is likely to be bought back in 1997. Big deal, I won't be needing the money immediately on December 30, 1997. I can even wait until December 30, 1998 - or longer. Forgive me for being an amateur investor, but doesn't this all make sense?