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

To: jack bittner who wrote (13601)	4/3/2000 5:16:00 AM
From: Hardly B. Solipsist	Read Replies (1) \| Respond to of 19080

I'd like to know more about what CMRC has that got them the deal, too. As to the sales by the officers, if you look it up you'll see that these guys have a lot more stock than they sold. Lane has millions of options, so to sell a few percent of his holding doesn't look like lack of confidence to me, just ordinary prudence. No matter how confident these guys are about the company, and I believe that they are very confident, they can't be sure that the market won't melt down in general. And if he's buying a new house, he'll need lots of money (and lots more to pay the property taxes every year).

To: jack bittner who wrote (13601)	4/3/2000 9:08:00 AM
From: Bipin Prasad	Respond to of 19080

1. They did not announce detailed information about web exchange. I'm waiting for more info to compare. 2. First of all, I thought LE sold some in Jan, I was wrong , it was ELLISON MEDICAL FOUNDATION which sold 30,000, not LE. Sorry about that mistake. LE did not sell any btn 10/08/19999 and now according to sec filings. Second, regarding Raymond's IS, He filed IS for 618,750 on 12/23/1999, too. Maybe they needed new toys or house or could be related to options. I do not know and I don't care because they deserve to enjoy life too. They work hard for their jobs and shareholders' value. So why shouldn't they enjoy their hard work's fruit like you and I? ORCL's insiders are very conservative for selling shares compare to many companies. ie,MSFT, Bill Gates sell his shares every qr. So, it does not bother shareholders anymore. It's not news material anymore. Here're small samples of Bill and Allen Paul's recent Sells from MSFT. 2/24/2000 GATES WILLIAM H III Sold 300,000 2/24/2000 GATES WILLIAM H III Sold 185,000 2/23/2000 GATES WILLIAM H III Sold 600,000 2/24/2000 ALLEN PAUL G Sold 45,000 2/24/2000 ALLEN PAUL G Sold 25,000 2/24/2000 ALLEN PAUL G Sold 20,000 2/23/2000 ALLEN PAUL G Sold 250,000 2/23/2000 ALLEN PAUL G Sold 500,000 2/23/2000 ALLEN PAUL G Sold 75,000 2/23/2000 ALLEN PAUL G Sold 175,000 2/23/2000 ALLEN PAUL G Sold 200,000 2/23/2000 ALLEN PAUL G Sold 100,000 2/23/2000 ALLEN PAUL G Sold 25,000 2/23/2000 ALLEN PAUL G Sold 175,000 2/23/2000 ALLEN PAUL G Sold 200,000 2/23/2000 ALLEN PAUL G Sold 100,000 2/23/2000 ALLEN PAUL G Sold 25,000 2/23/2000 ALLEN PAUL G Sold 300,000 2/23/2000 ALLEN PAUL G Sold 175,000 2/23/2000 ALLEN PAUL G Sold 200,000 2/23/2000 ALLEN PAUL G Sold 150,000 2/23/2000 ALLEN PAUL G Sold 300,000 *One side note for KOPLOVITZ KAY. He is one ORCL's Director, bought 4,300 shares on 2/03/2000 @54.56 in the open market. 3. It's up to you to sell or hold. Everybody's goals, needs and etc are different, you know yours best. I think ORCL is way undervalued for what they can do with new ventures. It was riskier when ORCL was $20s (before 2 splits) than now because of their business nature and huge cash reserve. ORCL is constantly reinventing itself like a nimble small company even at today's size. I love it. It works for me. I know a few who can trade in and out, but I know I'm not nimble enough not to miss sudden jumps in ORCL. Besides, I don't have enough loss against gain if I sell too much for the year. Best luck! InSook Prasad

To: jack bittner who wrote (13601)	4/3/2000 12:24:00 PM
From: lml	Read Replies (1) \| Respond to of 19080

FWIW, jack, here's my brief comments: 1. Good questions are raised about the aerospace exchange. Many of commented how or why ORCL did not participate. My own speculation, & I emphasize again, speculation, that perhaps some unwritten deal was cut (understanding) between CMRC and ORCL when the AutoExchange deal was solidified. While CMRC names was still attached to the deal, the inference I got was that ORCL's technology/software would be the dominant one, maybe the only one albeit a few minor twists. The bottom line to all this is I really don't know. But it is unlike ORCL to "go down" silent in the long run, and the may have been some quid pro quo on the aerospace deal. 2. As other have stated, the insider selling is to be expected. When you earn as much as these guys do, you wanna be able to "realize" it, and you also want to diversify your holdings a bit. I think if you had 98% of your net worth tied up in one company, you do the same. Its just plain prudent. Now if these guys unloaded a substantial portion of their holdings, then there would be cause for concern. 3. The valuation play is being played out right now. It all is based upon investor appetite for growth stocks. As far as your concern to a possible return to 25 P/E, I don't think it is likely. There are too many turbines pushing ORCL right now to give rise to such a downturn, particularly when some of the turbines are just starting to spin. JMO.