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Technology Stocks : Oracle Corporation (ORCL)

ORCL 220.61

+0.3%

Nov 18 3:59 PM EST

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To: Lizzie Tudor who wrote (12067)	9/22/1999 3:41:00 PM
From: lml	Read Replies (1) of 19079

Hi Michelle: Re: Wouldn't you rather invest in a paranoid company vs. an arrogant one? I don't think either characteristic is material to an investment decision. The adjectives you cite refer to attitude, not performance. A company can be paranoid & still "miss the boat." OTOH, a company can be arrogant, & use that attitude sniff out new opportunities yet still keep a lid on the competition. I wouldn't misplace arrogance for short-sightedness, nor would I necessarily conclude that paranoia and arrogance are mutually exclusive. The latter appears to be more discernible to the marketplace, while the former may be a necessary latent trait necessary for survival, as Andy Grove as postulated.

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