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Technology Stocks : Oracle Corporation (ORCL)
ORCL 164.58-2.6%Jan 30 9:30 AM EST

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To: Punko who wrote (7972)8/3/1998 9:22:00 AM
From: Michael Olin  Read Replies (2) of 19080
 
Here is the confirmation that Egghead.com is going Oracle soup to nuts. I'd love to see some evidence that they turned away MS and their offer of $500K to "let us fix it":

biz.yahoo.com

The interesting paragraph from the release is:

''We set Egghead on a new course, to focus its business exclusively on Internet-based commerce,'' explains George Orban, chairman and CEO of Egghead.com. ''That put extensive demands on our existing infrastructure, making it clear we needed a more reliable, scalable and secure technology solution. Technology now lies at the heart of all we do, and Oracle was able to demonstrate a complete, end-to-end solution, essential for Egghead.com's customer service standard and future growth.''

Oracle has a real-world end-to-end solution that can scale to handle a growing business. Microsoft has marketing hype and dollars to throw at customers who believe the hype and get burned.

-Michael
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