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

To: JackC2 who wrote (13433)	3/14/2000 7:18:00 PM
From: Bipin Prasad	Read Replies (1) \| Respond to of 19080

1. Fantastic! 2. re; exchange, They were very frank about exchange. They don't just write checks like others are doing - buying pieces from here and there. But ORCL is writing them all - so they work seamlessly. They don't get paid upfront so it's financial drag. They get paid as it progresses. They put them up within 90 days unlike EU companies for yrs. Looks like that's the way it should go if one can support that kind arrangement. Bipin and I are working on one exchange project for our own company, it costs a lot, I mean a loooot! I wish we had ORCL kind cushion. So I have greater respect to ORCL who can do without showing much strain. Most of all, they beat every qr so far. 3. Oracle said that it expected its profit margins to reach 40 percent this year, increasing a forecast it made less than a year ago to reduce costs to boost profit margins to 30 percent. Expenses rose less than 1 percent this quarter. ``We're now looking for 40 percent (profit) margins,' Oracle Chief Executive Larry Ellison said. ``We realize we didn't set the bar high enough.' ps: I just watch JD Edward's bs. I hate those guys who throws careless comments. Obviously he never ran a company on his own, let alone huge company like ORCL. later, InSook