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Technology Stocks : Oracle Corporation (ORCL)

ORCL 219.89

-1.3%

Nov 17 3:59 PM EST

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To: hueyone who wrote (17829)	1/15/2003 12:03:42 PM
From: MeDroogies	of 19079

By responding as you did, you managed to completely support my argument, rather than tear it down. Never, at any stage, did I use my points to argue for excessive growth figures. So you put those words in my mouth. However, what I will say is that software HAS managed to lead to more efficient inventories and personnel decisions. The PROBLEM is that it took so long for them to be implemented PRECISELY because so many people BELIEVED the 20% growth paradigm was legitimate so there was NO NEED to engage in the management that was available. Sadly, now that it is available, it is being utilized with impunity. Still, it is the same technology that caused the 30% growth paradigm and gave us the "good times", that is fixing the problems bad management created and will lead us to more, newer, "good times". Tough times are like a cold shower...sometimes you just have to suffer through it.

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