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Technology Stocks : Oracle Corporation (ORCL)

ORCL 197.49

+1.1%

9:30 AM EST

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To: arnie h who wrote (15270)	2/11/2001 11:37:07 PM
From: Adam Nash	Read Replies (2) of 19080

Well, if the selling is part of any sort of planned "regular" sales of stock, Ellison should be fine in terms of class action lawsuits. After all, with over 1 billion shares, 32 million shares is just 3% of his holdings. I doubt Oracle really knows how this quarter will turn out yet, especially given the low visibility and how end-weighted Oracle sales are. There is a lot of conjecture now that Oracle must have problems, since Cisco did. They both share extensive customers in the manufacturing sector, which Cisco specifically sited as a big slowdown in IT spending. We'll see.

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