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


To: JakeStraw who wrote (17043)5/31/2002 2:53:54 PM
From: Michael Olin  Read Replies (2) | Respond to of 19080
 
Claiming that Oracle "overcharges" anyone is a reach. Oracle has a list price for every software package they sell. Nobody, not even the State of California, pays list price. In fact, the only way to pay list price is to order the software over the internet via the Oracle Store. If you call up a sales rep, you immediately get the "standard discount", which runs about 20%.

What is a fair price for software anyway? If you use list price as your barometer, then Oracle certainly didn't overcharge California. If you pay sticker price for a new car were you overcharged? How about the dealers who will only sell the car with expensive dealer-installed options (when we bought a minivan 2 years ago, one local dealer only sold them with $3000 leather seats!), are they overcharging? Five bucks for a bag of popcorn at the movies? You know they're overcharging.

The bottom line is that if a customer is willing to pay, it's probably a fair price.

-Michael



To: JakeStraw who wrote (17043)5/31/2002 3:04:02 PM
From: MeDroogies  Respond to of 19080
 
Actually, a reply is necessary. My investment in ORCL is minor now, and has been since August 2000. I have made my money and then some. I am still way ahead. I have no emotional attachment whatsoever. I happen to think that the media misplays items consistently, this being one of them.

A case in point is MSFT. Once the "bad boy", the media has somehow decided they aren't anymore. MSFT, by far, is more dangerous a partner than ORCL. History bears that out.

My defense of ORCL is hardly laughable, unless you are an ideologue. I am a realist.



To: JakeStraw who wrote (17043)5/31/2002 3:08:48 PM
From: JSwanson  Read Replies (1) | Respond to of 19080
 
You defense of Oracle is almost laughable

Your attempts to make this an important issue are just as laughable. You clearly have an opposite agenda from MeDroogies. What would you have ORCL do over and above what they have already offered in order to remedy this situation?

If you had ever sold anything to ANY government agency (Local, State or Federal), you would know where the blame for the situation most likely resides.

This snip below tells you why this is even an issue:

Davis, who is running for reelection, has been under fire for a controversial state deal with Oracle Corp.

I only own 300 shares of ORCL so I'm not overly whetted to ORCL and I think this is a non-event for the company. If anything does come of it, it will be because some government official got embarrassed and he/she wants revenge.