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


To: Jenne who wrote (12057)9/22/1999 8:26:00 AM
From: one putt  Respond to of 19080
 
Full story:

Oracle, HP To Co-Develop Internet Commerce Systems
Full Coverage
Electronic Commerce


PALO ALTO, Calif. (Reuters) - Hewlett-Packard Co. (NYSE:HWP - news), the No. 2 computer maker, and software company Oracle Corp. (Nasdaq:ORCL - news) said Tuesday they signed a deal to jointly develop electronic commerce systems for their businesses.

The partnership was designed to integrate HP's hardware and Oracle's software allowing both companies to collaborate on sales efforts and expand market potential.

Financial terms of the deal were not disclosed.

The move follows several recent efforts made by Oracle, the world's second largest independent software company, to boost sales of its flagship Customer Relationship Management (CRM) software. The company said CRM, which helps companies manage their businesses, can form the backbone for commercial Internet sites.

Shares of HP were off 1-9/16 at 102-7/8 on the New York Stock Exchange. Oracle's shares were off 3/4 at 45-7/8 on the Nasdaq stock market. Both markets were off by more than 1 percent at midmorning.

The companies are focusing on the business-to-business market, which some see as one of the most lucrative segments of the Internet.

As part of the deal the companies will jointly use and promote various software and hardware systems developed by each company.

``Customers want less complexity, better integration, and faster implementation of their Internet solutions,' said Carly Fiorina, president and chief executive of Hewlett-Packard.

``Our customers should view today's announcement as a deeper commitment on behalf of HP and Oracle to deliver world-class Internet solutions for their businesses,' she said.



To: Jenne who wrote (12057)9/22/1999 9:39:00 AM
From: Paul van Wijk  Read Replies (1) | Respond to of 19080
 
biz.yahoo.com

Brilliant!

What I do absolute admire about Oracle's strategy
is that all the pieces fit like a puzzle. Without
any redundancy, which was a crime in the client-server
age.

The database in the middle on a Raw Iron-server,
the business-apps build around the database like
CRM, ISCM, ERP and others. On top of that a simple,
flexible and easy to use protal-strategy.

And the whole concept will be centralized on hugh
server-farms, concentrating the necessary knowledge
and expertise. All accessible through simple browser
on Network Computers (or cheap 500-dollar Net-PC's. Same
principle. What's in a name like Shakespear said)

So much better than Bill's "shoot at everything that
moves, we'll integrate the rubbish later and spent a few
million on advertising to sell the rubbish"-strategy
that Microsoft is using.

Well, strategy...... Never mind!

Oracle is and will be hot for many, many quarters and
years to come. And I even expect decades. This is an
adult-concept that can hold for a very, very long time.
And it will also bring us consolidation in the software
industry. That is a good thing and means quality!

Still waiting for the Raw Iron-card (Compaq/Digital/Tandem)
and they should think about integrating a geograhical
component.

In simple words; If I type book-store into a search-
machine I would really appreciate to see the ones
next to where I live. Not 465798002 hits found.

Also teaming up with AskJeeves, like US Web is doing to
query the exponential growing content of companies in
a natural language, would be a logical move.
I can hardly find anything on our internal intranet.
Any product that can help me find things faster is
improving production and making "shared knowledge"
more accessible.

Paul