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

To: Margarita who wrote (6828)	4/6/1998 10:33:00 PM
From: ChrisJP	Read Replies (1) \| Respond to of 19080

Margarita, I sold 1st thing Friday morning so not to worry. I usually reserve the term "falling knife" for situations far more extreme than this one. Like a complete absence of buyers. There were plenty of buyers today. There were plenty on Friday too. That's not to say that the "sell-off" or "downtrend" or "correction" won't continue. ORCL made a great move from 18. Unless you expect another earnings surprise or selling for selling's sake, 25 - 26 should be as low as it will go. If it weren't for the tech sector clouds, I would have said 26 5/8 was it. That was a 40% retracement in 3 days of what took 2 months to get to. Regards, Chris

To: Margarita who wrote (6828)	4/7/1998 9:20:00 AM
From: Bipin Prasad	Read Replies (1) \| Respond to of 19080

Margarita, for now I am waiting for the right time FOR ME to buy back! While you are waiting to buy ORCL, why not sell naked puts to get them cheaper or keep premium for the time being? Put premiums became juicy again yesterday like last end Jan and feb. Buying ORCL today is safer than buying @18 last Jan, but folks have clear burning sensation and fear from last great dip. Sell them the comfort and you keep the profit. Win Win situation! Give them security blanket and you keep premium till you get the stock you wanted to buy. Investing is almost like ART. take care, BPP(Bipin's partner)