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Technology Stocks : Oracle Corporation (ORCL)
ORCL 191.09+0.7%Jan 16 9:30 AM EST
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To: JakeStraw who wrote (17049)5/31/2002 3:53:26 PM
From: JSwanson  Read Replies (2) of 19080
 
You have attempted to make this an ORCL only issue. This is an issue with anyone who sells anything to a government entity. That is my problem with your line of reasoning. From the article you pointed me to:

To be sure, Oracle has many satisfied customers, and it is not alone in aggressively pursuing such contracts. Government officials across the country note that other major technology companies are often just as likely to pursue high-pressure sales and licensing tactics.

Again, how does this situation hurt ORCL relative to its competitors? It doesn't! This is a clear situation where the State Government of California has been embarrassed and being an election year the State is going to attempt to get its pound of flesh.

This is not and Oracle issue it is a government procurement issue.

Regards,

JS
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