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Technology Stocks : Oracle Corporation (ORCL)

ORCL 189.97

-4.5%

Dec 12 9:30 AM EST

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From: bob zagorin	12/14/2000 11:58:07 AM
	Read Replies (1) of 19080

Oracle(R) Exchange Helps Trading Partners Compare Apples and Oranges REDWOOD SHORES, Calif., Dec. 14 /PRNewswire/ -- ( oracle.com ) The old adage says you can't compare apples and oranges, but trading partners using Oracle Exchange can. Exchanges today consist of companies from all around the world within a particular industry who are coming together with their suppliers to find the best possible price for their purchases. Given the global economy of today, companies have partners who operate all around the world. When partnering with Oracle, trading globally is greatly simplified through Oracle Exchange's unique multi-currency functionality. The company leading the exchange can operate the auction in whichever currency they prefer. All the bidders online around the world can then see the price for each item in any currency they select so different bidders can view the same auction in different currencies. Through Oracle's transparent multi-currency functionality, the bids placed by the bidders are all instantly converted back into the original currency established by the auction leader. This allows the auction leader to see all the bids in the same currency instantly and choose the most competitive bid, avoiding the need to compare between yen, pesos or American dollars. These currency conversions happen automatically and seamlessly. Oracle(R) Exchange eliminates the barriers to operating on the world stage. Oracle is a registered trademark of Oracle Corporation (Nasdaq: ORCL). SOURCE Oracle Corporation CO: Oracle Corporation ST: California IN: CPR MLM SU: 12/14/2000 08:30 EST prnewswire.com

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