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Technology Stocks : Oracle Corporation (ORCL)
ORCL 202.23-1.2%Jan 13 3:59 PM EST
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To: PLovering who wrote (10592)4/30/1999 12:03:00 AM
From: Artslaw  Read Replies (2) of 19080
 
I failed to see the laugh-out-loud humor in it.

I've read a lot of press releases for companies I've held, and the wording of ORCL's press release is so juvenile for a company of its stature that I just laughed. For instance:

After four years of effort, Microsoft, whose database only runs on the Windows NT operating system, had only 5.1 percent of the RDBMS market.

Have you ever seen any other dominant company word something like this? Ever seen INTC, MSFT, or any other dominant company say something like that? Of course not, because they are half worried that if they say it, the justice department will use it as evidence! Clearly ORCL is in not so stable a position.

Don't get me wrong, I like ORCL just fine (although my sell limit at GTC at 29 15/16). I just didn't expect this kind of release from a mature company.

Steve
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