Oracle Corporation (ORCL) Message Board

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Technology Stocks : Oracle Corporation (ORCL)

ORCL 217.60

+1.5%

Dec 5 3:59 PM EST

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To: vinod Khurana who wrote (4604)	12/17/1997 12:54:00 PM
From: vinod Khurana	Read Replies (1) of 19080

Can anybody confirm that Oracle is in takeover talks with a potential buyer ? Rumors have started surfacing from employees within the company that Oracle is in talks with a high tech. company over a potential merger. The asking price is $32 billion or just slightly over $32/share. I heard this from two ORCL marketing employees just minutes ago and am wondering that perhaps it is what contributed to the sharp rise in the stock price this morning. Is there an ORCL employee on this board who might be able to confirm the rumors. Something is up for sure that has these two employees excited. It may not be a takeover as they think but a major re-structuring to pare down staff levels. V.K

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