pjay, not a pure software pro here, but come from computer industry background... my guess is Ms Selner is likely referring to old guard SAP and Peoplesoft... new nimble ERP firms like I2 Tech are eating SAP lunch... Oracle is really delving into a new field, adjoining its own backyard... Oracle is a new kid in ERP... I see some huge potential from established database expertise and leverage from existing customer base, including my own present company
this is a classic "unjustified correlated hit", which have proven in my past to be huge profitmakers... y2k is the red herring though... at 50% selloff, and 80M shares traded in last two days, this is done (hope, wink, prayer)... more covering shorts next, then buying on strong remainder of year
forget Q1 as factored shitty, perhaps factored too shitty... my guess is Q1 wont be all that shitty, and estimates for Q2 onward will be rosey
/ JW |
