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


To: jack bittner who wrote (13712)4/17/2000 7:43:00 PM
From: The Duke of URLĀ©  Read Replies (1) | Respond to of 19080
 
Doc: Clic on this URL. URL.

on24.com



To: jack bittner who wrote (13712)4/17/2000 8:55:00 PM
From: bob  Read Replies (1) | Respond to of 19080
 
Here is the text of Bipin's post...

Saturday April 15, 1:35 pm Eastern Time

Oracle, Dubai Ports in e-commerce joint
venture

DUBAI, April 15 (Reuters) - Dubai Ports Authority (DPA) and the
Jebel Ali Free Zone announced a joint venture with Oracle Corp
(NasdaqNM:ORCL - news) on Saturday to establish the region's
first e-business market, the official WAM news agency reported.

WAM said the Dubai Electronic Market (DEM) will start operating within 60 days, and
would make it possible for businesses to buy, sell and compete on world markets.

It said DPA would operate the project while Oracle would provide the infrastructure and
advanced technology.

``The Dubai Electronic Market (DEM) will make it possible for the public and private
sectors to consolidate their purchasing power to receive the highest possible returns,' WAM
quoted DPA Chairman Sultan bin Sulayem as saying.

He said all purchase orders, confirmations, auctions and tenders would be processed on line
by DPA.

The move followed an announcement this month to bring local government services on line
to speed up transactions, reduce costs and improve quality.

Last year, Dubai announced plans to set up Dubai Internet City, a $272 million free trade
zone for e-commerce. The moves are part of efforts to make Dubai, already a Gulf trading
hub, a regional centre for information technology.



To: jack bittner who wrote (13712)4/18/2000 10:52:00 AM
From: Bipin Prasad  Read Replies (1) | Respond to of 19080
 
1. Exchanges,
All of them are true. We have many kinds of Terms and conditions so far. We do not know specific $$$ amount yet as far as I unerstand. If you go back some of PRs from Dec 10,99, you will find them all. I tried to search some for you this morning, but ORCL has too many prs ......

2. PE,
Jack you know better than that for you've been investing almost 5 decades. So, I'm not going to insult your intelligence with all kinds of bs. But One thing, market is very efficient for sure, even though we have many idiots like me to mess up smart analysts.

I used to get killed by using simple PE in SEMIs till I learned that you have to buy tech commodity stocks when PE is the highest and dump them when it's the lowest. Each industry is different. No one size shoes will fit all. ORCL is one of the cheapest for its potential, imho. I just love ORCL's engineers, management, leaders and their vision/spirit. What more do we need for investment? (^L^)

later,

InSook Prasad