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


To: Bipin Prasad who wrote (10208)3/21/1999 12:22:00 PM
From: Zoro  Read Replies (1) | Respond to of 19079
 
I am a little confused and concerned. Just about everything I see written about ORCL is extremely positive on all fronts: best product, cutting edge, not just same old thing dusted off to look new, great management, wonderful sales force, great customer acceptance. All these things tell me it's a company I want to own long term. I've studied and invested in a number of companies which met the same criteria; but after nice runups, the bottom started to fall out of them, and I bailed with 100%+profits, but nowhere near the profits I could have had in the long term (e.g. SUNW, MSPG); I'm sitting on a respectable profit in ORCL, about 1/2 what it was 2 weeks ago, and saying, "no, this time I'm going to close my eyes and ears and wait another year or two before doing anything with this investment." This will be a real challenge for an impatient investor (who's trying not to be a trader), but notwithstanding the narrowed growth last quarter, I remain convinced that patience is the key to great rewards in this stock.



To: Bipin Prasad who wrote (10208)3/21/1999 4:33:00 PM
From: Investor Dave  Read Replies (2) | Respond to of 19079
 
Hi Bipin,

Thanks for the additional info. Something I read was that IBM was #2 in relational database software behind Oracle. Oracle has a good lead over IBM at this time.