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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?

To: Jeff Jordan who wrote (18164)	7/28/1999 5:07:00 PM
From: Jay Lyons	Read Replies (2) \| Respond to of 43080

ET Oracle (ORCL:Nasdaq) CEO Larry Ellison told a crowd of analysts visiting his firm today that the No. 2 software maker is setting up a new company that will make a cheap desktop computer. The 64 MHz Intel (INTC:Nasdaq)-based machines will run on Linux operating software -- a product that has emerged as an alternative to Microsoft's (MSFT:Nasdaq) ubiquitous Windows software -- and use Netscape's Internet browser as well as "100% Oracle software," Ellison said. Ellison, a longtime archrival of Microsoft CEO Bill Gates, said the new desktop would cost $150 without a monitor and $250 with one. "This thing with a monitor costs less than a copy of Microsoft Office," he said. He declined to give further details.