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Technology Stocks : Oracle Corporation (ORCL)

ORCL 227.00

-3.9%

Nov 12 3:59 PM EST

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To: DanZ who wrote (5089)	1/18/1998 2:03:00 PM
From: Jim Lou	Read Replies (1) of 19079

>>One final point is that we've acknowledged publicly that Q2 was a "wake-up call" for Oracle since it was the first time in 7 years we've missed market EPS expectations and we don't want it to happen again. In the past month, the Management and Executive Committees have held numerous meetings and we've concluded that we need to slow down changes in our organization and actually simplify our organization so we can execute more quickly and effectively. In the coming months, we intend to focus everyone's efforts on fewer, more immediate actions and work our way back to high efficiency and greater financial success. Good Q3 results are the first and most important step to show progress. << According to what is said above, they are pretty sure of a good Q3.

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