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Technology Stocks : Oracle Corporation (ORCL)
ORCL 198.80-5.6%Nov 21 9:30 AM EST
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To: DeadHead who wrote (17468)8/14/2002 8:21:10 PM
From: Hardly B. Solipsist   of 19079
 
If one can believe the official ORCL line on this (and I tend to do so), ORCL cut back on consulting for 3 reasons. First, competing with consulting firms was losing them sales because the consulting firms had an incentive to recommend against ORCL software. Second, the margins were not good. And third, having a big consulting group acted as a disincentive for ORCL to improve their own products, since the harder they were to use, the more consulting money they got (in the short term).
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