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Pastimes : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?

To: Cynic 2005 who wrote (14482)	2/27/1998 1:55:00 PM
From: Simon	Read Replies (3) \| Respond to of 18056

March 5th. I want to sell 10,000 shrs of Dell Broker- WHO TO? :-( This all reminds me of USS in 1991

To: Cynic 2005 who wrote (14482)	2/27/1998 2:39:00 PM
From: Brian Moore	Read Replies (1) \| Respond to of 18056

<< pick some Oracle shares (long) for a 10% gain >> IMHO this is a good play. Oracle's recent, dramatic drop to 22 spooked a lot of people. The further drop to 18 was quick. Now Oracle has moved back up to the 26-28 range. People see Oracle as a strong company and in hindsight probably wish they had bought at 22 or lower. I believe this creates a psychological resistance at 24. If it drops to 24, 23 7/8, lots of people will be bolder this time around and buy. Today Oracle has inched down to 25. This looks like a great time to buy. Support from buyers who missed bargain prices the first time around limits downside risk. Great possibility it will move up from 25 to 27 1/5 for your ten percent gain. My only question is, How the heck do you find buys like this? Oracle is one of a handful of stocks I watch closely, so its understandable I am aware of this. But how you find the good ideas for so many issues is beyond me....

To: Cynic 2005 who wrote (14482)	3/5/1998 4:21:00 PM
From: Brian Moore	Read Replies (1) \| Respond to of 18056

<< In the mean time, you can pick some Oracle shares (long) for a 10% gain >> Mohan, You were correct on this one last Friday, when Oracle was at 24. After a blah Monday and a great Tuesday, Oracle was at 26 1/2 early Wednesday, for a 10% gain. As I mentioned, I felt the downside risk was low. So I bought March 27 1/2 calls and placed a limit sell order right away. It executed late Tuesday for a good profit. By the way, I consider Oracle quite risky right now, as they will report quarterly profits next Thursday after the close. There are reports on the Oracle thread of Oracle sales people putting out resumes. No one really knows what will happen next week. Rather than risk it on the hope that Oracle will do well this quarter, I'd rather wait and see. If they disappoint and Oracle falls to 20, 18 again I'll put in an order to buy at 16ish. Thanks to Mohan and Bonnie for great ideas on this thread.