Oracle Corporation (ORCL) Message Board

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Technology Stocks : Oracle Corporation (ORCL)

ORCL 179.99

+0.9%

3:59 PM EST

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To: Bipin Prasad who wrote (13794)	5/2/2000 12:44:00 AM
From: Sarkie	Read Replies (2) of 19080

Very interesting piece of news. Anyone know exactly what this means? ============================================================ Merrill Lynch To Call Oracle Protected Growth Securities ============================================================ NEW YORK -(Dow Jones)- Merrill Lynch & Co. (MER) plans to call on May 19 all outstanding Oracle Corp. (ORCL) indexed callable protected growth securities due March 31, 2003. In a press release Monday, Merrill Lynch said the securities are listed on the American Stock Exchange under the symbol OPG. Merrill Lynch will call the securities at 132% of their $10 principal amount per unit, or $13.20 a unit. The AMEX began trading all 3.1 million of Oracle's protected growth securities on March 16, 1998. -In Kyung Kim; Dow Jones Newswires; 201-938-5400 (This story was originally published by Dow Jones Newswires) Copyright (c) 2000 Dow Jones & Company, Inc. All Rights Reserved ============================================================

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