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


To: zc66 who wrote (4602)12/17/1997 12:25:00 PM
From: vinod Khurana  Respond to of 19080
 
Singapore Telecom Uses Oracle(R) Video Server to Deliver
the First Nationwide Video-on-Demand Service-Magix

PR Newswire - December 17, 1997 12:18

ORCL %CPR %MLM V%PRN P%PRN

Jump to first matched term
SINGAPORE, Dec. 17 /PRNewswire/ -- Oracle Corp. (Nasdaq: ORCL) today
announced that Singapore Telecom (SingTel) has successfully deployed Oracle(R)
Video Server to deliver the first Video-On-Demand (VOD) entertainment and news
service through the first nationwide broadband multimedia program, Magix.
Oracle Video Server is an end-to-end software solution that enables customers
to store, manage and deliver full-motion, full-screen TV-quality video and
high fidelity audio from a server to a client such as a TV set or PC.
Magix (http://www.magix.com.sg/) is a premier broadband service on the
SingaporeONE network. SingaporeONE is an integral part of the Singapore
IT2000 masterplan to transform the nation into an "Intelligent Island" where
the quality of life is enhanced by the extensive use of information
technology. The SingaporeONE network is a national high-capacity network
platform that will deliver a potentially unlimited range of broadband
multimedia services to homes, workplaces and schools in Singapore. Magix
leverages the extensive network infrastructure built by SingaporeONE to
deliver a suite of services including Shows, News, Magix ShopStop, Speednet,
Interactive Learning, Games, Music and Magix City to its subscribers.
"Oracle has long been the leader in multimedia asset management, and
is proud to provide the enabling technology for the first nationwide VOD
service," said Mark Porter, vice president of the Media Server Division at
Oracle. "Oracle Video Server provides a scalable, mission-critical foundation
to help Magix manage and deliver its VOD services to subscribers securely,
reliably and economically."
Enabled by Oracle Video Server, Magix is being made available using
high-speed ADSL modems to more than 50,000 SingTel subscribers. The
scalability of Oracle Video Server is limited only by the supporting hardware
capacity and network infrastructure. Portable across all major
industry-platforms, networks and set-up boxes, Oracle Video Server allows
SingTel to choose the components that best meet its needs.
"Oracle database, video server, application server and the
tracking/billing applications play an important role in providing SingTel the
back-end support to ensure high performance, scalability and reliability that
the Magix system requires to deliver value-added services in a convenient and
economical manner to our customers," commented Roland Tan, general manager,
Multimedia Services Division, Singapore Telecom.

About Singapore Telecom
Singapore Telecom is a telecommunications operating company and a holding
company for over 50 subsidiaries. The companies in the Group provide a wide
range of domestic, international and mobile telecommunications as well as
postal services. Turnover and operating profit for the Group in 1996/7 were
S$4.4 billion and S$2.1 billion respectively. With a market capitalization of
about S$40 billion, Singapore Telecom is one of the largest companies in Asia.
Oracle Corporation is the world's leading supplier of software for
information management, and the world's second largest software company. With
annual revenues of over $6 billion, the company offers its database, tools and
application products, along with related consulting, education and support
services, in more than 140 countries around the world.
For more information about Oracle, call 650-506-7000. Oracle's World Wide
Web address is (URL) oracle.com.

Trademarks
Oracle is a registered trademark of Oracle Corporation. All other
products or company names mentioned are used for identification purposes only,
and may be trademarks of their respective owners.

SOURCE Oracle Corp.
/CONTACT: Ann O'Leary of Oracle Corp., 650-506-3574, or
aoleary@us.oracle.com, or Kelly Canfield of Applied Communications,
650-375-8881, ext. 239, or kcanfield@appliedcom.com, for Oracle/
/Web site: oracle.com
(ORCL)



To: zc66 who wrote (4602)12/17/1997 12:39:00 PM
From: vinod Khurana  Read Replies (3) | Respond to of 19080
 
The good news refarding Oracle corp:

1) The Telecoms which parred their spending on ORCL products in 1997 will start implementing in the coming year. Singapore Telecom has got the ball rolling. Our company, another utility company and a heavy
user of ORCL products is planning on upgrading to the next major release within 3 months. I am hearing that this account will alone generate upto $20 million in revenue for ORCL.

Looking at the latest charts, I think we are going to make a spike to the $26 level anyday now. The initial selling will occur at $24 but once those sellers are out of the way and taken care of, $26 - $27 is on the horizon.

This stock has not had a $1 1/2 - $2 daily move up since it fell from heaven. I think we are close to seeing it.

The Dec. 25 call options are trading 1/8 - 3/16 and were as high as 1/4 yesterday. With the markets expecting these calls to expire worthless, I believe we will see $25 soon after this Fridays options expire.
The Santa Clause rally and the new years rally are going to contribute to the rise besides the fact that mutual fund managers are going to come in big time and invest part of their assets in this company going into 1998. Oracle is still the leader and MSFT is tied up with the DOJ overs its Windows 95 and IE issues that it is going to focus their attention away from competing at the database level. Oracle is free and clear for a takeoff.

Informix is in deep trouble as can be seen with its latest stock price (under $5 on last checkup). Those funds holding IFMX are going to sell that junk and pump the money into a guarenteed money maker. No other place to turn to expect Sybase, ORCL and MSFT.

The technical rally is about to begin so brace yourselves.

V.K



To: zc66 who wrote (4602)12/17/1997 5:13:00 PM
From: zc66  Read Replies (1) | Respond to of 19080
 
Some desperate MMs still want to prove that they were right in selling the stock at around 22. I guess they are trying to push the price down. But sooner or later their holding will be sold out. About 330 million shares have changed hands in a week.