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

To: glen who wrote (5053)	1/15/1998 8:11:00 AM
From: EAGLE-EYE	Read Replies (3) \| Respond to of 19080

Reasons why I'm NOT buying now. 1) Oracle is facing tremendous pressure from other software solution providers which INCLUDES a database within their package. Specifically, SAP, BAAN, Peoplesoft, MS-SQL 2) Slowing demand for Databases in General - How many more "television sets" does a 3 bedroom home need? The DB market is reaching a saturation point. Check out SYBS, IFMX etc. Its not a coincidence these guys are reporting slower biz. 3) Theri VP of Domestic Sales recently left, and their key salesfolks have been interviewing....at least in NYC. 4) DOUBLE-BOOKING GAME - The scariest info I received is Oracle is up to their old tricks again. IFMX recently fell victim to this and is paying for it now. Essentially....when an "outside" salesman makes a deal.....he'll credit it to himself (obviously)... but also tips the telesales force about the impending deal...and gives him/her credit also. On the books....a $50K order now becomes $100K. The "bad order" evenually gets knocked down on a good qtr. as a write off. This is a simplified explanation of the games software co's. play. The game works well......UNTIL the good qtrs stop rolling in. Then the "chargebacks" have no where to hide. 5) "Uncle Larry" - has a known problem with loving life a bit toooo much. Between his "coke" habit and impregnating just about every secy in oracle.....it'll be hard for him to focus on the core business.