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Technology Stocks : Oracle Corporation (ORCL) -- Ignore unavailable to you. Want to Upgrade?

To: lml who wrote (11428)	8/6/1999 9:28:00 AM
From: Bipin Prasad	Read Replies (2) \| Respond to of 19080

Volpe Brown Whelan Announces Investment Opinion on Oracle Corporation Business Wire - August 06, 1999 05:15 Volpe Brown Whelan & Company Initiates Coverage of ORACLE CORPORATION With a 'BUY' Rating The following is being issued by Volpe Brown Whelan & Company (VBW), a member of the National Association of Securities Dealers, CRD number 18329: VBW's Information Software Senior Analyst Steve Abrahamson today initiated coverage of Oracle Corporation (Nasdaq: ORCL) with a BUY rating. Oracle is the world's second-largest software company providing Internet-based platform and application software to enable e-business and e-commerce. "We are initiating coverage of Oracle with a BUY rating, as the company is in the midst of a strong Internet-based product cycle that is driving license revenue growth as e-business and e-commerce take off," said Abrahamson. "Oracle is the database 'gorilla' and continues to gain market share. It is also gaining traction in the rapidly growing CRM and strategic procurement application markets, and it boasts a strong customer franchise and management team." "We believe Oracle is strongly positioned for growth in the Internet and e-business era by providing one-stop shopping for e-business platform and application software and solutions," said Abrahamson. "Furthermore, few other enterprise software vendors can match Oracle's consulting resources or the breadth and depth of its license support offerings. We believe Oracle is a core holding for investors seeking e-business and e-commerce infrastructure stocks." Clients interested in receiving more information should contact their Volpe Brown Whelan & Company salesperson at 415/274-4400. About Volpe Brown Whelan & Company Volpe Brown Whelan & Company is the leading investment bank focused exclusively on technology and healthcare. Based in San Francisco, VBW's understanding of the competitive and technical factors that shape its clients' businesses enable the firm to identify compelling investment opportunities, provide superior research insight, and offer sound strategic and financial advice. Since 1992, VBW has managed or co-managed more than 210 public offerings, raising more than $11 billion, and has advised clients on more than 70 merger and acquisition transactions with an aggregate value of more than $8 billion. The information contained herein is not a complete analysis of every material fact respecting any company, industry or security. Although opinions and estimates expressed herein reflect the current judgment of Volpe Brown Whelan & Company, the information upon which such opinions and estimates are based is not necessarily updated on a regular basis; when it is, the date of the change in estimate will be noted. In addition, opinions and estimates are subject to change without notice. The research report referred to above contains forward-looking statements, which involve risks and uncertainties. Actual results may differ significantly from the results described in the forward-looking statements. Factors that might cause such a difference include, but are not limited to, those discussed in "Investment Risks." Volpe Brown Whelan & Company from time to time performs corporate finance or other services for some companies described in its research reports and may occasionally possess material, nonpublic information regarding such companies. This information is not used in the preparation of the opinions and estimates therein. While the information contained in the report and the opinions contained therein are based on sources believed to be reliable, Volpe Brown Whelan & Company has not independently verified the facts, assumptions and estimates contained in such report. Accordingly, no representation or warranty, expressed or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information and opinions contained in the report. Volpe Brown Whelan & Company, its managing directors, its affiliates, and/or its employees may have an interest in the securities of the issue(s) described and may make purchases or sales while the report is in circulation. CONTACT: Volpe Brown Whelan & Company Steve Abrahamson, 415/274-4479 steve.abrahamson@vbwco.com