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


To: Kumar Nathan who wrote (4116)12/9/1997 9:39:00 PM
From: CG TANG  Read Replies (2) | Respond to of 19080
 
<<I bought some December 23 3/8 calls . But I feel that I made a mistake. What I did is like standing in front of freight train.>>

Kumar,

What is the call option symbol for DEC 23 3/8? I have traded options quite a while and I don't think there is a strike price at 23 3/8.



To: Kumar Nathan who wrote (4116)12/9/1997 11:54:00 PM
From: Neil H  Respond to of 19080
 
Kumar,

I bought in today at $23, which is split/price adjusted what I paid last time I bought it in the spring. I was glad to get back in as this is a great company. My broker at Dean Witter said there is massive support in the $22 range and therefore it would take a major push to break this barrier. It is possible though. I expect that Larry will say the right things and get this baby turned around. If it goes down further I will buy more. Best of luck to all.

Regards

Neil