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Technology Stocks : Oracle Corporation (ORCL)

ORCL 164.58

-2.6%

Jan 30 9:30 AM EST

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To: Reginald Middleton who wrote (8589)	10/7/1998 10:38:00 AM
From: Michael Olin	Read Replies (2) of 19080

I did not intend to suggest that you do anything for me on your time. I assumed, since you suggested that Oracle's earnings were artificially inflated by asset sales: they sold over 800 million dollars in assets this past quarter (my bet is that they wanted to artificially boost earnings since most investors don't know better than to avoid earnings analysis), that you had already assembled the hard data to back up that contention and that the task in question had already been performed. An article stating that this is a common practice does not show me where the $800 million of assets that you say Oracle sold can be found in their financial statements. If your contention is that you discovered this information in publicly available filings through your own hard work and we should do the same, that's fine too. Thanks for sharing. I'm sorry about my erroneous description of your web site. You are selling software, not subscriptions. -Michael

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