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Home -> Community -> Mailing Lists -> Oracle-L -> RE: ORCL stock is down...
I invest in stocks all the time .. long and short.
I would not touch Oracle stock with a 10 foot pole.
The company has major problems , excesses that need
to be worked off and cleaned out, a business plan
that is outdated, and MSFT and IBM are now starting
to cut into Oracle's market share with DB2 and
SQL*Server. All of these tech and biotech companies
probably have another 3 to 9 months before their
stock prices bottom and another 1 to 2 years before you see
them rise again. I have been shorting stocks
like ORCL CSCO JDSU JNPR and all the rest of
them for a couple years now and the pay off has
been good.
I you want to buy a stock, stick with stocks that
have good fundamentals in a bull market. At the
present time there are not to many of those and
we are NOT in a bull market. Save your money.\
Mike
-----Original Message-----
Sent: Wednesday, May 01, 2002 11:34 AM
To: Multiple recipients of list ORACLE-L
OFF TOPIC... Oracle stock is down 11% today.
What gives? Over-reaction to executive departures and decreased revenues?
Is it a good time to invest?
--
Please see the official ORACLE-L FAQ: http://www.orafaq.com
--
Author: Orr, Steve
INET: sorr_at_rightnow.com
Fat City Network Services -- (858) 538-5051 FAX: (858) 538-5051 San Diego, California -- Public Internet access / Mailing Lists --------------------------------------------------------------------To REMOVE yourself from this mailing list, send an E-Mail message to: ListGuru_at_fatcity.com (note EXACT spelling of 'ListGuru') and in the message BODY, include a line containing: UNSUB ORACLE-L (or the name of mailing list you want to be removed from). You may also send the HELP command for other information (like subscribing).
Fat City Network Services -- (858) 538-5051 FAX: (858) 538-5051 San Diego, California -- Public Internet access / Mailing Lists --------------------------------------------------------------------To REMOVE yourself from this mailing list, send an E-Mail message to: ListGuru_at_fatcity.com (note EXACT spelling of 'ListGuru') and in the message BODY, include a line containing: UNSUB ORACLE-L (or the name of mailing list you want to be removed from). You may also send the HELP command for other information (like subscribing). Received on Sat Jun 15 2002 - 11:18:18 CDT
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