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

To: Bipin Prasad who wrote (5785)	3/3/1998 10:04:00 AM
From: seth thomas	Read Replies (1) \| Respond to of 19080

Sorry to disappoint, but I have absolutely never sued anyone or any company. I think I'll have to ask you to retract that statement of yours. It is mildly libelous. The closest I have come to any lawsuit was when I held a relatively small amount of GPTA, and there happened to be a shareholder's suit. A few hundred bucks in cash and stock showed up in the mail, as part of the class action. But, you could push me closer. Why don't you (BPP) stop hiding behind this "Bipin's partner" thing and tell us your real name? What are you afraid of? I happen to believe ORCL will once again become a teenager. I believe a few analysts believe this too. A managing director at a big NY firm just told me he also thinks ORCL missed it - and I just got info from another analyst, too. your choice.

To: Bipin Prasad who wrote (5785)	3/3/1998 10:21:00 AM
From: seth thomas	Read Replies (1) \| Respond to of 19080

BTW, why would I buy ORCL stock if it's going down? And, the # of puts I've bought are fairly substantial - reasonable risk/reward to me. Lets say I shorted 1000 shares of ORCL at 26. That would tie up $26,000. Let's say I bought 10 contract of puts at 1, controlling the same 1,000 shares. That ties up $1,000. The stock goes to 18. ON the shorted stock, I make $8,000, for a short term return of 31%. ON the puts, I also make about 8,000, less a little for the lost time value. Call it $7,500. That's 750% return. Which is better - 31% or 750%? Not only that, but if I'm wrong, the most I'm out on the puts is $1,000. If ORCL shoots up, for whatever reason, then I could be out a lot more - maybe thousands - until I can cover. Obviously, I haven't counted in commissions or taxes, and the number of shares/contracts is very different. But most of you should get the general picture. No doubt someone out there will give me some big technical argument about something, or why I did the wrong thing, or whatever.