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Technology Stocks : Oracle Corporation (ORCL)

ORCL 224.41

+1.7%

11:56 AM EST

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From: qso_qsl	1/5/2003 10:41:08 PM
	of 19079

7 JAN Morgan Stanley Annual Conference. Anyone know if Larry Ellison is still delivering the keynote address (6:00 pm PST) at the 7 JAN Morgan Stanley Annual Software, Services, Internet and Networking Conference? Interesting the President will announce his FY2003 economic stimulus package on the same day which should be all over the network news for several days/weeks. Should give Larry a good tail wind going into that speech. Enjoyed the discussion on CFO Henley selling his 1M shares acquired from options on 2 JAN. Wonder if it was for an IRS tax filing deadline of 15 JAN like some of us? IMHO he did a great job of cost cutting this year. Maintaining an Operating Margin of 34% last quarter was no easy task. Puts ORCL in a great position for possible earnings growth acceleration into CY 2003. Of course business investment pick up has more of an influence on that. I would assume they should get a small uptick in earnings from the dollar exchange rate from overseas operations given the dollar has been falling over the last month or so. Noticed no one mentioned that Ellison has not sold any of his 2.875M shares acquired from options on 27 DEC. QSO QSL

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