Larry's legions applaud their man
By Shawn Langlois, CBS.MarketWatch.com
Last Update: 8:17 PM ET June 5, 2002
SAN FRANCISCO (CBS.MW) - Much like a dog comes to resemble its owner, Oracle's rambunctious cyber-following has taken on some of the more prominent characteristics of their beloved leader, CEO Larry Ellison.
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Especially after the jet-setting, dojo-building, database pioneer gave them reason to feel a little confident, if not cocky, when he cast a bullish light on Oracle's recently completed fourth-quarter. See full story.
Shortly before the market closed on Wednesday, Larry smugly told the world, "If we had made less than 12 cents in operating income, we would have had to warn. We didn't warn," or, in other words, "Duh, are you people idiots?"
On CBS MarketWatch.com, SlpryPete typified that air of assuredness: "Nice to see Ellison coming through in a pinch. Whenever it looks the bleakest, he always steps up. Shareholders have come to expect this from him.
"Like Bill Gates, he knows how to temper expectations and then top them when the street counts him out. This really shouldn't surprise anybody."
I'm sure Larry appreciates the comparison. |
