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To: jhg_in_kc who wrote (820)	4/4/2000 9:58:00 PM
From: Boplicity	Respond to of 13572

I can't say what stocks to buy now... ORCL of old is not the ORCL of today, cbs.marketwatch.com I bought ORCL last year as a B2B play and turn around, that I thought would have an advantage over the other players due to their foot in the door with the old economy companies. I also thought it would be safer company to own then others. That logic has proven to be right. Warning: I believe ORCL is the process of making an head and shoulder top though. Today it bounced right off the channel line from the correction on January. If in fact ORCL is making a H&S top, it could go down to the 50s before it is done. So I can't see a clear buy point near term, but if you have your eyes set on two years out, buy a little and watch it, buy more if it goes down, add if the market gets in the swing again. Greg

To: jhg_in_kc who wrote (820)	4/5/2000 12:27:00 AM
From: Boplicity	Read Replies (1) \| Respond to of 13572

Oracle Doubles Cost-Savings Goal to $2 Bln, Sees Strong Sales Redwood Shores, California, April 4 (Bloomberg) -- Oracle Corp., the world's largest database software maker, doubled its cost savings goal to $2 billion and said revenue will continue to grow during its fiscal fourth quarter. Oracle, which already reduced costs by $1 billion this year, will cut an additional $1 billion by consolidating its computer systems and streamlining sales, company executives told analysts today. Sales at the Redwood Shores, California-based software maker could grow by up to 18 percent this fiscal fourth quarter, putting the company on track to see its earnings grow by more than 40 percent from the prior year, analysts said. ``Oracle is still in the zone,' said Charles Phillips, managing director at Morgan Stanley Dean Witter & Co. ``They sound even more bullish and their cost-savings goals sound a lot more realistic than they did a year ago.' Oracle's Chairman and Chief Executive Larry Ellison last June pledged to reduce costs by $1 billion by consolidating computer systems, streamlining sales and moving more of its business to the Internet. The company has already met those goals and last quarter its operating margins grew to a record 31 percent. Oracle executives said margins could exceed 30 percent in its fiscal fourth quarter. Oracle said it can further reduce costs by relying more on telephone sales and sales over the Internet, eliminating some education and consulting services, and moving more of its customer service to the Internet. Analysts said Oracle could meet those cost-savings goals though it will likely take more than a year. ``It will take longer to get there,' said Wendell Laidley, an analyst at Credit Suisse First Boston Inc. ``Having made the first billion, (Oracle) has the benefit of conviction and confidence.' Oracle shares have risen almost sixfold since the beginning of its fiscal year, June 1, 1999, as sales of its Internet-based software have soared and as the company cut costs. Shares of Oracle today fell 15/16 to 75 15/16, recovering from a drop to 65 5/64 earlier in the day.