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

To: robert b furman who wrote (17731)	1/4/2003 5:45:56 PM
From: Qualified Opinion	Respond to of 19079

Bob, good luck with your long term position. Wealth continues to be transferred to the insiders of corporations. I have been short term trading on the long side. I don't feel comfortable holding any equities long term at current valuation. Rob

To: robert b furman who wrote (17731)	1/4/2003 8:43:10 PM
From: Hardly B. Solipsist	Read Replies (2) \| Respond to of 19079

I'm not arguing for or against the option grants, but the number of ORCL shares outstanding has decreased slightly in the last couple of years. According to one article I read, buybacks had resulted in an earnings/share increase of about 1 cent. (And I realize that you could argue that they should have spent that money on something else or paid dividends, so I'm not expressing an opinion about the wisdom of the share buyback, either. Just pointing out that there hasn't been any dilution lately, unlike some other companies that we can all name...)