Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: jack bittner who wrote (13765)	4/25/2000 12:58:00 AM
From: The Duke of URL©	Respond to of 19080

Depends on how fast earnings are growing.

To: jack bittner who wrote (13765)	4/25/2000 2:45:00 AM
From: LAWRENCE C.	Read Replies (1) \| Respond to of 19080

jack, yes stocks like AOL, CSCO, BRCM, Yahoo and many more all have PEs over 100 and have had many bottoms. Lucky Lawrence

To: jack bittner who wrote (13765)	4/25/2000 5:56:00 AM
From: lml	Read Replies (2) \| Respond to of 19080

FWIW, the discussion of excessive PEs or overvaluation, IMHO, has gotten way out of hand in recent days with particular focus on stocks such as ORCL, SUNW, CSCO, and YHOO. The recent Street.com article by a "disinterested" Aaran Task is an excellent example of the mania going on now that argues any stock with a PE around 100 must be overpriced. See if you can thestreet.com At this juncture, where just about every Naz stock has been taken out and shot, the mindless now are in search of companies that in their opinion haven't had enough taste of the market's recent bad medicine. Some would argue that this necessary for a health "cleaning" of excessive PEs, that all such "excess" must be purged from the market if the market is to reestablish itself on firmer ground. To this, I say "what's your real agenda?" These intentional manipulators manifest an indiscriminate mentality that is representative of a sick stock market but not necessarily a market of sick stocks. Fundamentally, for the companies identified above to exhibit the PE they now do after such a market upheaval over the past month is testimony to their quality and to investor faith that these companies are going to be the leaders going forward in tomorrow's digital economy. What these nay-sayers don't understand is that any attempt they make to drive down these stocks by instilling fear, as exemplified by such language as "it gotta go lower," that is followed by selling by sheep that fall to their prey, is subsequently met by buying either by these wolves, or by the institutions with plenty of money to invest who are targeting and accumulating favorite core holdings at arguably bargain basement prices. I believe the foregoing to be the case, and not the converse, because if institutions are truly doing the selling here, it is rare, if not unheard of, for them to bash the stock to drive it down, or to follow the advise of the morons we now see repeatedly in the press and on message boards that say the stock "must go down." Institutions generally hold a longer term view of many stocks, particularly blue chip one. They're typically looking out at least 1-2 years, maybe longer. And in this type of market it is obvious to me what kind of stocks they are buying. What the nay-sayers fail to realize is that most stocks trade in PEs relative to other stocks, and that in times of downward pressure, the PE relationship between lesser quality investments and higher quality investments is going to widen, not necessarily remain linear. Its a simple manifestation of beta, one of the fundamental principles of risk inherent in an individual stock, which these morons fail to acknowledge. If in-fact the argument we come from this camp holds up, and the price of these high tech blue chips fall, then what do they think will happen to the other stocks that have already taken major hits? Final answer: there gonna fall even further. Why? Because all stocks need to be priced relative to each other based upon contemporaneous market conditions. At present market conditions call for a widening of the PE metric between the highest quality stocks and those of lesser or more common quality. When underlying market fundamentals improve this widened variance will obviously narrow and the beaten down stocks will arguably offer a greater upside return in the short term than the presently high PE/lower beta stocks now under attack. If these stocks can hold up after what the market has delivered recently, IMHO there ain't much more downside that gonna be unique only to these stocks. Any further downside is going to likely to lead to either further deterioration of the overall market, which is just another cycle of a spiraling effect, or a quick rebound. When cries are being heard to throw out "diamonds and gold bullion" in one's portfolio, I ask how far can a turnaround be? IMHO, any shareholder that is lured into dumping the stocks cited above at this stage of the game is a fool. JMO.

To: jack bittner who wrote (13765)	4/26/2000 8:47:00 AM
From: Bipin Prasad	Read Replies (1) \| Respond to of 19080

Thousands Join Oracle(R) AppsNet - The Online Applications Community for E-Business 04/26 05:22 Oracle Adds New Discussion Forums and Partners to the Largest Single Community of Oracle Applications Users in the World PHILADELPHIA, April 26 /PRNewswire/ -- (http://www.oracle.com/tellmemore/?192364) At the Oracle Applications User Group Conference, Oracle Corp., the largest provider of software for e-business, today announced that thousands of new members have joined Oracle© AppsNet, the new online community for Oracle's application partners and customers, since its launch last month. This now makes Oracle AppsNet the single largest community of Oracle Applications users in the world. Oracle AppsNet provides end-users, customers and implementation partners with a collaborative global forum to share Oracle E-Business Suite applications experiences and product information and learn from Oracle experts and partners. New interactive discussion forums and content provided by charter sponsors have been added to the site. "Oracle AppsNet is the first online community giving users the opportunity to interact directly with Oracle and with each other," said Mark Jarvis, senior vice president of worldwide marketing, Oracle Corp. "The quick rise in membership clearly shows that Oracle AppsNet is providing customers with a powerful and useful forum for sharing and accessing information and experiences that are tremendously beneficial to their transformation into e-businesses." Oracle AppsNet provides interactive discussion forums, up-to-date product and industry information, as well as implementation and usage tips directly to e-business customers and partners. Eight new discussion forums cover Business Intelligence, Discrete Manufacturing, Financials, Human Resources, Internet Procurement, Projects, Process Manufacturing, and Supply Chain areas. These are in addition to the discussion forums currently provided, which include E-commerce, Interaction Center, Marketing, Sales Service, and a technical forum for discussing installation and upgrade issues for Oracle's E-Business Suite. Charter sponsors providing content for the site include: Andersen Consulting, AnswerThink, Arthur Andersen, Cap Gemini, CSC, Deloitte Consulting, Ernst & Young, KPMG, and PricewaterhouseCoopers. "Oracle AppsNet enhances Ernst & Young's partnership with Oracle by providing one central location to share information on services and activities," said Rick Hymer, global Oracle service line leader for Ernst &Young. "It gives us the capability to jointly develop and pilot solutions for test concepts." "The ability to provide our customers with the latest and greatest Oracle e-business offerings will be greatly enhanced though the use of Oracle AppsNet. Access to expert information through this collaborative forum will significantly add value by providing reference material concerning implementation and usage tips," said Grant Fitzwilliam, managing director, Oracle Practice for AnswerThink. "And if necessary, it will serve as a vehicle to get questions answered that may not have been yet asked. Our Oracle Practice is looking forward to being part of this online applications community." Participation in Oracle AppsNet is open and can be found at appsnet.oracle.com. All that is necessary is a standard Web browser. About Oracle Corp. Oracle Corporation provides the software that powers the Internet. For more information about Oracle, please call Oracle Public Relations at 650-506-4176. Trademarks Oracle is a registered trademark of Oracle Corporation. Other names may be trademarks of their respective owners.

To: jack bittner who wrote (13765)	4/28/2000 8:12:00 AM
From: Bipin Prasad	Respond to of 19080

Airline Fuel, Parts Online Exchange Seen Up In 6 Mos Dow Jones Newswires NEW YORK -- Hoping to cut costs, six airlines have formed an Internet exchange linking carriers with fuel and part suppliers. AMR Corp.'s (AMR) American Airlines, UAL Corp.'s (UAL) United Airlines, Continental Airlines Inc. (CAL) and Delta Air Lines Inc. (DAL) have teamed up with British Airways PLC (BAB) and Air France Group (F.AFG) on the venture, which will be formed in the next 60 days and running within the next six months. The six airlines will pick a technology partner in the next 45 to 60 days. "We are currently looking at the usual candidates, such as Oracle or SAP, but we'll also be talking to supply-chain vendors," said Jonathan Councill, general manager of strategic procurement at British Airways. So far the founders are the unnamed company's only investors. An independent management team, to be formed soon, will decide if others will have the opportunity to invest in the site, a United spokesman said. The exchange is open to any airline, United said. "We're going to be recruiting the broadest possible participation," he said. British Airways' Councill said airlines would use the exchange only to buy products such as fuel, but eventually could be expanded to provide visibility into spare-parts inventories. "If an airline is missing a spare part it could get it from another member of the exchange," he said. That could allow airlines to free up some of the capital locked in spare parts inventories, estimated between $30 billion and $50 billion across the industry worldwide.