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To: Paul Fiondella who wrote (41779)	12/8/1997 11:28:00 PM
From: Lee Penick	Respond to of 186894

My point is that a gentlemen from another thread posted some useful information about a tech company. That information helps to dispel a misconception about the Asian situation. I have not read the full report myself. I believe his point was that Revenue was up 1% even after currency conversion, and 15% before. Their larger problem was FLAT licensing revenue. Oracle may have been using Asia as a scape goat for lower earnings....Don't know. If you don't like that, you can certainly argue that with him I appreciated that fact he posted the information. His words were, "1) report shows asia pacific rev's up 1% year over year in dollars, but 15% in local currencies. 2) report shows orcl's service rev up 43%, but expense related to service rev's up 50%. Otherwise cost's were managed well. 3) report shows licensing revenue almost FLAT year over year. This is horrible!!!!!!" I'm curious, how many more times are you going to tell the thread there is price competition in the electronics industry? A startling revelation!

To: Paul Fiondella who wrote (41779)	12/9/1997 7:54:00 AM
From: Road Walker	Read Replies (3) \| Respond to of 186894

Paul, re: Oracle>> "It is then stuck with "profits" denominated in depreciating currencies and loses $.10 a share in revenue as a result (of currency transactions). You think Intel is immune to this!!!!" Intel does almost all of it's business in US currency, the remander is very conservatively leveraged. Source for this information is previous posts from John Hull on this thread. Intel is vulnerable to a downturn in business in Asia but not to currency devaluation. I don't usually respond to your narrow minded posts, but wanted to correct your mis-information for other readers of the thread. John