AWFUL SOFTWARE COMPANY
ATRI / ORCL
ORCL announced last night and it was terrible (what else is new?). I sold my position in ORCL at the opening. No wonder the street is referring ORCL as “awful software company� because IT IS. With the cash, I bought some ATRI at 66.75 this morning. This one is a real sleep as it has less than 2 million shares outstanding. But I believe this one is really undervalued and it should be traded at 80 level. As long as the company continues to deliver its quarters, it does not even need any catalyst.
ORCL announced last night and it was terrible (what else is new?). I sold my position in ORCL at the opening. No wonder the street is referring ORCL as “awful software company� because IT IS. With the cash, I bought some ATRI at 66.75 this morning. This one is a real sleep as it has less than 2 million shares outstanding. But I believe this one is really undervalued and it should be traded at 80 level. As long as the company continues to deliver its quarters, it does not even need any catalyst.


0 Comments:
Post a Comment
<< Home