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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: RR who wrote (37627)	6/7/2001 9:33:39 PM
From: Dealer	Respond to of 65232

Yes RR! I am holding on.....I have been selling to soon and that is not to good as we keep getting higher lows...........watching the charts. I've learned a lot in these tough months...... Would like a good run tomorrow and then see what to do......???? Thanks for being here. You are appreciated. dealie (looking for higher highs with fingers crossed)

To: RR who wrote (37627)	6/7/2001 10:13:55 PM
From: Sully-	Read Replies (1) \| Respond to of 65232

Thursday June 7 6:24 PM ET Reports: Japan's Economy Worsens TOKYO (AP) - The government has determined that Japan's struggling economy is getting worse and will officially downgrade its assessment next week, media reported Friday. The Cabinet Office, scheduled to release its closely watched economic report next Thursday, will describe conditions as worsening for the fifth straight month, the mass-circulation Yomiuri newspaper reported. Declines in capital investment and continued weakness in consumer spending were behind the decision to downgrade, said Japan's largest paper, quoting government sources it did not identify. The report will mark the first time the government has downgraded its assessment of the economy for five straight months since the period between September 1997 and February 1998 when it did so for six consecutive months, the Yomiuri said. National broadcaster NHK television carried a similar report, saying that the downgrade shows the government is seriously concerned about the country's economic outlook. The Cabinet Office report is closely watched by businesses and economists as a key indicator of government thinking on the state of the world's second largest economy. The reports of increased official pessimism come as the Japanese economy remains mired in a decade-long slump that so far has defied solution. Feeling the effects of the U.S. economic slowdown, manufacturers have been slashing production to keep inventories from piling up. The United States is the largest export market for Japanese cars, electronics and other manufactured goods. Consumers' reluctance to spend also remains a heavy drag on the economy. They have been wary of opening their wallets amid near-record unemployment and continued corporate bankruptcies. Newly elected Prime Minister Junichiro Koizumi has promised to put the economy at the top of his administration's policy agenda. The government is forecasting 1.7 percent growth for the fiscal year through March 2002, but some private-sector economists believe that is too optimistic. Ö¿Ö

To: RR who wrote (37627)	6/8/2001 7:11:06 AM
From: stockman_scott	Read Replies (2) \| Respond to of 65232

Oracle And BEA Chiefs Face Off at Java Conference By Lisa Baertlein Friday June 8 4:32 AM ET <<SAN FRANCISCO (Reuters) - Software is a hard business. Just ask Larry Ellison and Bill Coleman, two chief executives at industry heavyweights that squared off on Thursday in a verbal sparring march that was tough even by the standards of an industry known for its sharp elbows. The exchange between the chief executives of Oracle Corp. (NasdaqNM:ORCL - news) and BEA Systems Inc. (NasdaqNM:BEAS - news) on Thursday broke out during the keynote addresses at a developers' conference in San Francisco hosted by Sun Microsystems Inc.(NasdaqNM:SUNW - news). BEA's Bill Coleman took the first jab. ``Talk and press releases are cheap,'' said Coleman, rejecting an Oracle marketing claim that it had ``leapfrogged'' BEA in its core application server business. He went on to praise new features in BEA's WebLogic application server to an audience of several thousand programmers that specialize in Java, a platform that enables them to write software to run on different devices and operating systems. Oracle and computer titan International Business Machines Corp. (NYSE:IBM - news) have taken aim at BEA, a fast-growing San Jose, California company built around its application server software that helps companies integrate the different software programs used to run their businesses. A veteran of the noisy and wildly competitive software wars, Oracle founder Larry Ellison parried Coleman's blows and counter attacked. Ellison, who took the stage after Coleman, came armed with numbers and slides claiming to show how Oracle's 9i application server is better, cheaper and faster than rival products from BEA and IBM. During his off-the-cuff presentation, Ellison confessed that he had been told not to make his presentation. ``Other people's feelings could be hurt,'' Ellison quipped, spurring laughter and applause from the audience. The heat of the exchange was not lost on Akamai Technologies Inc. (NasdaqNM:AKAM - news) Chief Executive George Conrades, who joined Ellison onstage for his demonstration. ``Pretty competitive up here, isn't it? Where is Bill Coleman?'' asked Conrades, who was clad in a sky-blue button-up shirt and tan sport coat and cut a professorial figure amid the gray and black suits that have become Silicon Valley's executive dress uniform. In a follow-up briefing with reporters and analysts, Coleman dismissed Ellison's demonstration and disputed his statistics. ``Larry made them up on stage ... We have real stuff that real people use,'' Coleman said. One software developer from Maryland, who watched from the audience but was reluctant to give her name lest she get caught in the cross-fire, said she was taken aback by the public spat. ``I was surprised that they'd come out in public and say those things,'' she said.>>