Skip to main content
Message Font: Serif | Sans-Serif
No. of Recommendations: 0
Newbie disclaimer: this is my first post to this board and I'm still reading the (revised) manual, so your patience and forbearance are earnestly solicited. :)

As a good if novice Fool, I know my question is really something like: how do I go about judging for myself whether it's a bad time to buy ORCL? I don't try to time the market, and I'm suspicious of trying to time particular stocks. And I know that gorillas tend to look expensive. But 1) I read that ORCL is trading at an unusually high P/E at the moment and 2) even more than many tech stocks, its price is volatile despite its size, but 3) it seems to be heading into a prosperous period in a sector that will continue expanding (by which I mean apps and the Net, not necessarily its database core) and 4) it weathered the NASDAQ crash well, so if it didn't cycle down then ... well ... maybe I should just forget about trying to time it and buy in ... but jeeze, it cycles by a factor of five or more...

See the newbie's problem? Any suggestions on how to direct my thinking so as to make a judgment?

I should add that I've been doing this for under a year and am still learning the basics, but would eventually like to assemble a gorilla portfolio -- the only questions being which gorillas and when to buy them. Currently long SEBL and AOL, with a dash of PIXR out of sentiment.

Thanks for your patience.
Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.