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Technology Stocks : Juniper Networks - JNPR

JNPR 39.95

0.0%

Jul 2 5:00 PM EST

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To: 10K a day who wrote (3250)	7/14/2002 2:05:50 PM
From: Lizzie Tudor	Read Replies (2) of 3350

LOL. How many BK's have you lived through?? Only one. And it was a completely different situation so I could be off base, wish someone would point out the differences though. It was LTV in the early 90s, I think that was the company name? Some kind of defense contractor in Dallas and a huge Oracle shop. Oracle had sold a ton of software and gotten paid for most of it, but not all. LTV was teetering on bk. If Oracle walked, EDS and Sap would go in there, since after the bk the debt would be gone... also there was the chance the assets of LTV would be bought by a larger defense contractor and Oracle could grab some of that mkt share, also another chance of a gov't bailout because of the defense biz LTV was in. I don't know the outcome of the LTV situation only that Oracle put the company on basic life support until all this could be washed out, Oracle did not (for example) stop providing patches or telephone support to LTV. Wcom is a special case anyway because they still generate a bunch of cash, LTV was not like that, some of their employees were not being paid so there was NO chance of orcl getting any money. Not true wcom. Hmmm I wonder how orcl sales is handling the wcom situation, come to think of it, I'm sure Orcl is in there. also from the prior post- If someone else does take parts there is no reason why they couldn't go with cisco stuff etc. is this true? Are these products like snap on tools then? I was thinking replacing vendors had some architectural issues- why buy the wcom assets/network if you don't want the gear intact? L

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