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Technology Stocks : BORL: Time to BUY! -- Ignore unavailable to you. Want to Upgrade?


To: Paul Corbett who wrote (8127)12/19/1997 4:02:00 AM
From: Kashish King  Read Replies (1) | Respond to of 10836
 
ORCL is having problems staying afloat.

I think you have it backward. There is no evidence to support that statement and a wealth of evidence that ORCL is waking up to the advantages which companies like IBM, Microsoft and even Sybase enjoy in having their own development tools. Recent press reports indicate ORCL is focusing on tools and applications and I consider that evidence even stronger than the fact that ORCL is licensing BORL tools. Nobody is calling for a buyout next week, but it simply flys in the face of logic to claim there is no evidence that BORL is a buyout target for ORCL. The CEO's problem is not waking up to this sooner and going off on this NC tangent. Let the hardware companies build computers.



To: Paul Corbett who wrote (8127)12/19/1997 7:37:00 AM
From: i-node  Read Replies (1) | Respond to of 10836
 
ORCL is having problems staying afloat

I'm not sure it is all that bad over there...



To: Paul Corbett who wrote (8127)12/19/1997 3:21:00 PM
From: David Miller  Read Replies (2) | Respond to of 10836
 
ORCL is having problems staying afloat

Quotes from current Oracle earnings release:

"[Quarter] Revenues increased 23 percent (29 percent in local currencies) to $1,614 million from $1,311 million in the same period last year. Net income for the period was $187 million, or $0.19 per share, compared to net income of $179 million, or $0.18 per share, in the second quarter of fiscal 1997."

"For the first six months of fiscal 1998, revenues increased 26 percent to $2,983 million from $2,364 million in the same period last year. Net income for the six-month period was $337 million, or $0.33 per share, compared to net income of $292 million, or $0.29 per share.."

Maybe you formed your opinion by watching the share price - never a good indicator of company strength, only of market players' stock price expectations. Two entirely different things.

david