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To: Lane Hall-Witt who wrote (407)	3/16/2001 10:35:49 AM
From: Ron	Read Replies (1) \| Respond to of 589

Interesting comments on ORCL. I have swing- traded ORCL many times in the past but would not touch it now. Received good operational information from some folks who are major business partners with ORCL. They tell me Oracle's service and support infrastructure has collapsed since last November or so. Technical support is practically nonexistent, and even Oracle folks are upset with the operational problems. This is a good indicator in my opinion of really hard cutbacks and could signal a bottom. But as the ORCL CFO implied, its a little foggy out there folks... :)

To: Lane Hall-Witt who wrote (407)	3/16/2001 12:40:13 PM
From: Dave Gore	Read Replies (1) \| Respond to of 589

Lane, on ORCL, I take a different slant. Because the stock has been so beaten up (kind of like MSFT was last year), I thought the guidance was decent. Remember too that there is demand out there, but many company CFO's and CEO's have temporarily curtailed spending. They will have to loosen up spending sooner or later. The fact that ORCL will do anywhere close to .15eps this quarter with the price where it is makes this a bargain here. I would rather be able to buy ORCL at 13 or 14 with reduced eps quite frankly, because I think it offers more upside when they do turns things around. In other words, I am much less alarmed at guidance when their stock is so cheap, especially when they are still growing the business in such a tough enviroment. There is simply no way you can expect much growth from any company when their clients have temporarily curtailed virtually all spending. I can't blame ORCL for that. The only disappointment I really had was that they did not completely rule out some competitive pressures.