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Technology Stocks : Industri-Matematik Intl (IMIC)

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To: bob zagorin who wrote (155)3/12/1999 11:02:00 AM
From: Greg h2o  Read Replies (1) of 349
 
given the ORCL earnings report, this was a well timed announcement. It's evident ORCL's decline has hurt IMIC. Does anyone have a clear grasp of ORCL and how deep their problems might be? Further, this still looks like a steal if you look at the $60mil in cash...of course, depending on how fast they decide to use it. But, according tho the announcement, they are looking at saving and not spending...
greg
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