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


To: DanZ who wrote (5089)1/18/1998 12:58:00 PM
From: Captain Jack  Respond to of 19079
 
DAN--- thanks,,, that letter is a little enlightening. Seems Henley is aware of the problem from a share holders point of view. I wonder what Larry has to say. Sure would be nice to hear something from the horses mouth---- not the other end as we have at times...

John



To: DanZ who wrote (5089)1/18/1998 2:03:00 PM
From: Jim Lou  Read Replies (1) | Respond to of 19079
 
>>One final point is that we've acknowledged publicly that Q2 was a "wake-up call" for
Oracle since it was the first time in 7 years we've missed market EPS expectations and
we don't want it to happen again. In the past month, the Management and Executive
Committees have held numerous meetings and we've concluded that we need to slow
down changes in our organization and actually simplify our organization so we can
execute more quickly and effectively. In the coming months, we intend to focus
everyone's efforts on fewer, more immediate actions and work our way back to high
efficiency and greater financial success. Good Q3 results are the first and most
important step to show progress. <<

According to what is said above, they are pretty sure of a good Q3.