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Technology Stocks : Oracle Corporation (ORCL)

ORCL 243.86

-2.6%

3:59 PM EST

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To: WTSherman who wrote (15511)	3/4/2001 6:41:28 PM
From: MeDroogies	Read Replies (1) of 19079

Excellent post, save for one point: I believe the US has altered one very important thing - it is very good at long range planning now because it incorporates change into the overall picture. Example: my company requires a 6 month, 1 year and 5 year plan. There is a best case/worst case scenario, and factors/reasons that are employed. This gives us some level of focus over the short term and we are able to exercise and execute plans effectively. However, when situations change, we are able to address them quickly and easily. Flexibility is very important. So, while I agree wholeheartedly with your post, I'd say that above and beyond unpredictability, the US is now a much more "Japanese" place in terms of how well it marshals resources and plans, but has maintained its entrepreneurial flair and ability to produce things "first".

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