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

To: Jay Parekh who wrote (5229)	1/28/1998 12:31:00 PM
From: Jeffrey A STEPHENS	Respond to of 19080

Hello folks, Larry may be a wanna be bg; but nobody, but nobody, that is in charge of a multi-billion dollar company, even with its troubles, is a loser. An egomaniac maybe, but not a loser. :D Luck to us all, jeff

To: Jay Parekh who wrote (5229)	1/28/1998 12:59:00 PM
From: Wheats	Read Replies (1) \| Respond to of 19080

Jay, You may like or dislike Larry, but remember he started this company himself, and made a lot of people rich; just look at an eight year chart. I would hardly call him a loser as his net worth is likely larger than anyone posting here. My take on the recent quarter is that the last few big deals to generate the earnings just didn't make it, not that the company lost the recipe. Remember they were short of estimates by 3 or 4 cents. This is vastly different than the Informix, Sybase, and Disk Drive company revelations. Who knows what the current QTR earnings will be; not even the officers know as there's a month to go. But I think that patient stockholders will be rewarded. Regards, Phil

To: Jay Parekh who wrote (5229)	1/28/1998 1:05:00 PM
From: JBTFD	Read Replies (1) \| Respond to of 19080

Jay, Last time I checked Larry owned more than 20% of what is today a $21 Billion company. Is that your definition of a loser?

To: Jay Parekh who wrote (5229)	1/28/1998 1:55:00 PM
From: Zen Trader	Respond to of 19080

Jay, a biased opinion is your own reflection in a mirror.

To: Jay Parekh who wrote (5229)	1/28/1998 1:59:00 PM
From: Joe Antol	Respond to of 19080

May very well be Jay. But, the street reads the trade rags too....... <<<<<<<<<< Ellison: We screwed up By Charles Cooper, PC Week Online 01.28.98 9:17 am ET SAN FRANCISCO -- Hitting the road to stump on behalf of his Java jihad, Oracle Corp. CEO Larry Ellison said Tuesday the company's database sales will be up 25 percent in the third quarter. Speaking before financial analysts and investors at the NationsBanc Montgomery Securities conference here, Ellison said Oracle had surmounted sticky product transition issues that contributed to a second-quarter earnings shortfall. After the company announced lower-than-expected results -- a profit of $187.3 million on $1.6 billion in sales -- last Dec. 9, its shares plummeted 29 percent in a single day. At the time, Oracle blamed the strong dollar and the turbulence in Asia as the primary factors behind its shortfall. However, analysts noted that the company derived only 15 percent of its revenues from the Asia-Pacific region. Ellison was uncharacteristically contrite about his company's recent miscues and described the problem as a "self-inflicted wound." "We certainly screwed things up," he said. "We were pitching things that we didn't have." He said Oracle had a "very hard time delivering" on its latest generation of products, saying the company had expected to be ready with the newest iterations of its databases nine months ago. "We had a very hard time moving our client-server tech to support this kind of computing," he said. However, Ellison said Oracle had since straightened out its problems. "We think our business is very, very solid and things are going well," he said. "We've had a tremendously difficult time delivering on this vision," Ellison said. "We're now delivering on this technology." He also said that Oracle was growing faster than any of its database competitors. "We are gaining share in every market and in every platform around the world," he said. >>>>>>>>>>>>> I don't care "what" moves the stock .... as long as it "moves"... Joe...<and it will...>