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

To: Wheats who wrote (5041)	1/14/1998 3:36:00 PM
From: Charles Tutt	Respond to of 19079

Why don't you list IBM and Microsoft among their competition?

To: Wheats who wrote (5041)	1/14/1998 4:33:00 PM
From: Richard D	Respond to of 19079

<<Everyone hates ORCL right now, but when do you buy it -- when everyone loves it at $35+/sh?>> Hi Philip, I guess the question is: are we in the denial phase of a Bear Market (for tech's or the market as a whole) or is this merely a pullback in the long running Bull Market? If it's the latter, then it's certainly a good time to buy Oracle (in fact I did own it for the last five days.) If it's the latter, your question should read: do you really, really hate the stock? There have been few things put in the path of the US stock market that have the ability to derail it, but this Asia crisis is certainly one of them. The market's reaction to Intel's earnings makes me believe that the smart money is leaving the market. While I agree you have to climb a wall of worry to make money going long the market, I think I may start to climb a little later and cheaper, hopefully. I said I was Neutral on Oracle now, so I think you have a 50-50 chance of being correct about the upside potential. Regards, Richard