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Technology Stocks : Oracle Corporation (ORCL)

ORCL 191.12

+0.7%

Jan 16 3:59 PM EST

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To: BelowTheCrowd who wrote (17058)	6/3/2002 8:17:29 AM
From: JakeStraw	Read Replies (1) of 19080

California woes cloud Oracle's quarter Timing is everything--and for Oracle, the controversy over its $95 million contract with the state of California couldn't have come at a worse time. Already combating sluggish sales in a weak economy, the database giant may now find that fallout from the California contract is causing some potential customers to delay signing any last-minute deals. As a result, according to potential buyers and analysts, Oracle is offering unusually steep discounts. May 31, 2002, 4:00 AM PT clickthru.online.com

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