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Technology Stocks : Oracle Corporation (ORCL)
ORCL 220.53+0.3%3:59 PM EST

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To: JSwanson who wrote (17778)1/9/2003 3:53:03 PM
From: hueyone  Read Replies (1) of 19079
 
Yes Brushwud already corrected me stating that "retained earnings" are reduced when shares are repurchased, which as you mentioned, still supports rather than defies the contention that Oracle is transferring wealth to employees from shareholders in a very covert way through stock option plans followed by share buybacks.

Regards, Huey
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