Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: bob who wrote (11902)	9/15/1999 5:43:00 PM
From: Bald Man from Mars	Respond to of 19080

I know, only naked ladies and your comment can do that ... <ggg>

To: bob who wrote (11902)	9/16/1999 7:53:00 AM
From: bob	Read Replies (3) \| Respond to of 19080

Thursday September 16, 5:37 am Eastern Time Oracle set for hardware link in European e-business HILVERSUM, Netherlands, Sept 16 (Reuters) - Oracle is braced to announce a large link-up with in Europe with a hardware firm to exploit opportunities in Internet business, according to founder and Chief Executive Officer Larry Ellison. ''I can tell you it will be big. It's a U.S. company, but our European team have done this. It's a large computer systems manufacturer and we'll announce it next week... We'll be using each other's technology, their hardware, our software,'' Ellison told journalists in Hilversum on Wednesday evening. Speaking on one of five stops in the company's European e-business tour, Ellison declined to give any more details of the expected deal. Oracle, the world's second largest software company, believes Europe has the chance to make up ground lost to the United States in Internet business and could push ahead because of the proliferation of GSM mobile phones. ''Europe is well ahead on mobile phones with the GSM standard. This is how Europe is going to leapfrog the States,'' Ellison said. He pointed to the lower cost, higher quality and better rate of adoption of the GSM mobile standard in Europe, compared with the U.S. where different standards conflict. Ellison, who made repeated references to Europe's leading mobile phone supplier Nokia , said Oracle software was coming to market to allow European mobile users to order books, trade stocks and plan their travel via the Internet. In Ellison's mobile-to-Internet world, phones will ring to inform consumers of stock market fluctuations and flight delays and to tell them to delay their departure to the bus stop. Oracle is keen to assert its credentials as a leading supplier of e-business software with emphasis on business-to-business e-commerce. Oracle has said it will cut $1 billion in costs by the end of 2000 with its own software and technology to help it become a fully fledged e-business. Ellison was speaking one day after Oracle released first fiscal quarter earnings of 16 cents per share from 13 cents in the same period the previous year, with a 13 percent rise in revenues. The earnings disappointed the market. ''The impact (of cost cuts) is not going to be felt in 90 days. Remember of course we are not talking about laying off people. We are hiring. We can grow our revenue faster than our expenses. I think we can accelerate... Q1 was a downpayment,'' Ellison said.