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Technology Stocks : Oracle Corporation (ORCL)

ORCL 195.71

+0.4%

Jan 2 9:30 AM EST

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To: Gilbert Drapeau who wrote (15239)	1/29/2001 11:42:45 AM
From: Roadkill	of 19080

>>SAP Co-Chairman Hasso Plattner challenged Oracle's current advertising campaign, which claims the company saved $1 billion by bundling all its online activities into one database. "This statement is a lie," Plattner was quoted as saying. "They fired 1,500 employees."<< What a clown. Doesn't he realize that consolidating disparate and geographically dispersed IT activities permits a reduction in headcount? In any event, even assuming that each of these 1500 employees made $100K/year, that would only result in a savings of $150 MM. What about the other $850 MM, Hasso? This statement alone demonstrates why SAP has flailed so badly over the past several years. It's main man Hasso can't even use a calculator and is arrogant enough to think that some blanket statement, said with enough disdain, will persuade. He'd be more useful as a 5th Teletubbie. At least that way he would entertain two-year olds. SAP's current revenue boom is more a function of the strong applications software market and certain xenophobic European companies insisting on buying their software locally. (MO contract notwithstanding, of course. For the life of me, I can't figure out what motivated MO to take that deal!) Once the low-hanging fruit in the apps market has been plucked, SAP is toast. RK

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