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

To: arnie h who wrote (15270)	2/11/2001 6:45:54 PM
From: Hardly B. Solipsist	Respond to of 19080

It might not be that he needs the money. Like most companies, ORCL awards stock options with a time limit of 10 years. LE, in addition to owning a huge amount of ORCL stock outright, is frequently the #1 recipient of option grants. According to press releases, LE had a large number of options expiring. He is also apparently going to spend a lot of money on his "America's Cup" hobby, but I doubt that it's this kind of money.

To: arnie h who wrote (15270)	2/11/2001 7:27:02 PM
From: MeDroogies	Respond to of 19080

These guys always go through asset reallocation procedures. If you had that many shares, you probably would too. In all truth, it's likely that his options will expire if he doesn't exercise....

To: arnie h who wrote (15270)	2/11/2001 11:37:07 PM
From: Adam Nash	Read Replies (2) \| Respond to of 19080

Well, if the selling is part of any sort of planned "regular" sales of stock, Ellison should be fine in terms of class action lawsuits. After all, with over 1 billion shares, 32 million shares is just 3% of his holdings. I doubt Oracle really knows how this quarter will turn out yet, especially given the low visibility and how end-weighted Oracle sales are. There is a lot of conjecture now that Oracle must have problems, since Cisco did. They both share extensive customers in the manufacturing sector, which Cisco specifically sited as a big slowdown in IT spending. We'll see.