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

To: Hardly B. Solipsist who wrote (14276)	8/24/2000 3:55:55 PM
From: Lizzie Tudor	Respond to of 19080

He'll fall apart at KP I predict. Contrary to conventional wisdom I believe being a VC is one of the toughest jobs in tech and within a year it becomes clear whether someone is an idiot or not. I once talked to a VC (Bill Gurley) and remember thinking he had no vision. A year later and he was exposed as the clueless do-nothing that he was.

To: Hardly B. Solipsist who wrote (14276)	8/24/2000 4:26:17 PM
From: Mighty Mizzou	Read Replies (2) \| Respond to of 19080

Talk about lacking in vision, Lane will be 71 years old when his about-to-be-born graduates high school. 75 upon college graduation. Oh boy, Dad's gonna be a lot o' fun! Sheesh, parents... Heck by that time Mrs. Lane will be on her second marriage. LOL!

To: Hardly B. Solipsist who wrote (14276)	8/24/2000 4:49:28 PM
From: alydar	Respond to of 19080

<<I thought that was amazingly dense.>> You are pretty accurate, I think. I recall a quarterly analyst meeting, on-line, where he made one of the most odd statements. They were discussing some type of implementation and he had no clue as to what was happening. Someone else had to come in and cover for him. That did not give me a warm and cozy feeling and is the main reason why I remember it today. What Ray is really good at is organization structure and that's exactly what ORCL needed in 1992. ORCL was out of control almost in every area of the company and desperately needed some real professional business people. Ray was an excellent choice because he was a professional, demanded respect and established order. But things have changed since 1992, right now ORCL has a strong organization. That being said, the organization of the future is going to be much different than the organization of the past. The internet changes everything and most especially the way we are conducting business. I'm not saying RL has "no vision", but at 53, like human beings, the guy is pretty set in his ways. Furthermore, make no doubt about it, the evolution at ORCL as an e-business is the result of LE. As a result, Ray's skills are somewhat being obsoleted by fresher ideas from younger organizational managers. I think that Ray just did not "get it". Do you really think LE would have some problem with him if he really got it and took charge. IMO, this was the right move because RL could not make the transition to the internet era fast enough for LE. This transition will shape ORCL's future for many years to come. This transition is so important, that if I were LE and owned ORCL, I would not leave it in the hands of anyone else but myself. Leadership starts at the top and RL was not getting it done. As a long time shareholder, I can testify to this fact. Good at organization but lacking the visonary aspect as to what the world might look like in ten years. From the outside. Thanks, Bob.