Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Bill Wexler's Trading Cabana -- Ignore unavailable to you. Want to Upgrade?

To: cubsfan who wrote (5788)	8/10/2009 6:48:13 AM
From: RockyBalboa	Read Replies (2) \| Respond to of 6370

Oracle, Java; looks it ain´t over until its over. Could be good for a significant trade... this is stuff where volatility is created. Oracle, Sun Flagged by EU: Tech Rumor of the Day ..... Citing a person familiar with the matter, Dow Jones reports that the European Union Competition Commission has sent a questionnaire to the firms' competitors that focuses on Sun's Java technology, middleware for linking computer programs, and databases. The companies have until Aug. 13 to respond, according to the report, which says the watchdog group wants to see whether the deal could increase prices and limit choice in the areas mentioned. Oracle sent shockwaves through the tech sector earlier this year when it announced its plans to acquire Sun. The ailing tech giant had originally been a target for IBM (IBM Quote), but Oracle stepped in when Big Blue walked away from the deal. The Java technology is seen as one of Sun's key selling points, enabling Oracle to bolster its database offerings. Oracle CEO Larry Ellison has also promised to keep selling Sun's hardware products, which encompass servers, storage and desktop systems. With rivals such as Hewlett-Packard (HPQ Quote) and IBM looking to pick off any disgruntled Sun customers, Oracle will be keen to avoid any roadblocks and get the deal completed as quickly as possible. Media reports, however, say that the EU Commission has until Sept. 3 to decide whether it will clear the merger or start a four-month probe.