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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: patron_anejo_por_favor who wrote (116127)	8/8/2001 4:13:26 PM
From: stomper	Read Replies (1) \| Respond to of 436258

Nice double-talk by one of Ellison's minions: Oracle VP Sees No Turnaround in N.America BOSTON (Reuters) - Oracle Corp.'s (NasdaqNM:ORCL - news) vice president of sales in North America on Wednesday said he saw no sign of a turnaround among customers, who remain bent on conserving cash rather than making investments. ``We believe we have kind of hit the bottom,'' George Roberts, an Oracle executive vice president, said at a U.S. Bancorp Piper Jaffray technology conference in Boston. ``We think we have our feet on solid ground. But the marketplace isn't turning. Customers are not freeing up their capital. They are very focused on capital preservation.''