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

To: Uncle Frank who wrote (5867)	3/4/1998 1:01:00 PM
From: zc66	Read Replies (1) \| Respond to of 19080

Copied from another thread. 2. I would consider that the value the market has currently placed on Oracle a "gift" to the small investor. For the second largest software company in the world to be discounted this much over one (and possibly two) disappointing quarters does not come along often. It is the opportunity to go long on a company with a very bright upside for the next 3 years. When institutional investors buy in again, these prices will be a memory and $40 a share will look cheap in 18 months. How many companies with Oracle's past 5 year track record do you suppose are hovering in the low 20's that have a market cap of 24 billion dollars? I consider myself lucky to have invested in Oracle the day before news hit and the stock took off. It is doubtful that Oracle will linger long in this area though. If you were Larry Ellison, don't you think you would be busy making partnerships this past quarter and this next one and have a series of announcements to make within the next few months that would help to move the stock price out of this range? From what I have read on the web, Oracle has made investments in its infrastructure that should be paying off soon (by the end of the year) P.S. Extremely short term investors are better known as traders or speculators. What you did was the act of a trader, not an investor. Good traders and good investors can both make great returns. Long term investors are interested in the fundamentals of a company more than the interim fluctuations in stock price. Technical analysts use short term price fluctuations to turn profits. Your original position was a wonderful long term buy but you may not get that same chance again. There appear to be too many new buyers looking at Oracle who did not get burned at $30+ and are competing for bottom fishing positions (i.e. keeps the stock from dipping too low again unless enough institutional buyers get spooked a second time). I believe that Oracle's stock is unpredictable right now. We are getting too close to earnings and either news or emotions could cause it to take an unanticipated turn sharply up. Shorts are going to be getting more nervous about holding out for more profit on the downside and may turn to heavy buying (to go long). SCourt