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To: John Bloxom who wrote (11277)	12/9/1997 3:27:00 PM
From: Brian Malloy	Read Replies (1) \| Respond to of 25960

John, OT in my opinion. Oracle released Version 8 in early summer and hailed it as revolutionary. Most of the people that use their products viewed it as more evolutionary and many of them chose not to upgrade. They will simply wait until Oracle has a new product with enhancements that justify purchasing. Yes, I'm sure Asia had an impact as it is on many companies but Oracle is laying down a smoke screen if they are trying to blame all or even most of the problem on Asian markets.

To: John Bloxom who wrote (11277)	12/9/1997 5:41:00 PM
From: Cymeed	Read Replies (1) \| Respond to of 25960

John, Oracle's blame on Asia Flu is just a cheap excuse. Oracle is losing market share to their competitors and they don't want to publicly admit it. If it is just Asia, the stock should not drop 30% in one day.

To: John Bloxom who wrote (11277)	12/9/1997 6:36:00 PM
From: Mr. Aloha	Respond to of 25960

That's a good post! I hear you. The only difference might be the residual income lawyers receive? How much residual income does Oracle get? How do they book sales etc?? I wouldn't doubt it if the egotistical CEO tried to blame others for his companies present situation. I believe sales growth in Asia went from 30% to 2% last Q? Oracle gets 50% of business overseas. 170,000,000 shares today - a record. I wonder who knew about this? I wonder if a lawsuit is going to occur? Oracle was short approx. $200 million in projected sales. Yeee Hawwwwww... Aloha

To: John Bloxom who wrote (11277)	12/9/1997 10:22:00 PM
From: Elroy Jetson	Read Replies (1) \| Respond to of 25960

The accounting for a software firm is different than for a law firm. At a law firm you recognize income either as you bill for services or as you are paid. At a software firm like Oracle, income is recognized just as soon as the contract is signed. Even though it may take many months to install the software and perhaps years to support it, the software profit is recognized immeadiately. I have friends who are in sales at similar enterprise software firms. The pressure to meet contract signing targets by each quarter end is incredible. Virtually no expense is spared in closing those contracts during the last week. Thus, it does not suprise me at all that the events of the past few weeks would drmatically impact Oracle's results this quarter. Since it is uncertain which contracts will be signed and what size they will be, it is understandable that Oracle was not hedged for the decline in Southeast Asian currencies. Thus a 15% income growth became a 1% income growth. I don't neccessarily see a connection between software and semi-equipt, but I do think Oracle is an early warning for investors in other software firms.