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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: pater tenebrarum who wrote (47841)12/14/2000 5:52:54 PM
From: SeaViewer  Read Replies (4) of 436258
 
ORCL looks like a scam. Shareholder equity reduced by $1.5 billion from last year, even though it earned a lot of money. Total outstanding shares reduced by 100+ million. They must bought a lot of shares. Book value keeps going down, from $0.91 last quarter to $0.84. It seems the employees are paid in stocks instead of cash, so the margin could be arteficially high.
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