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

To: Dan O. who wrote (5741)	3/2/1998 2:48:00 PM
From: seth thomas	Read Replies (4) \| Respond to of 19080

>> Sounds like you think everyone knows except the 2 top execs? Funny how you twisted words around. I said lots of people have a sense of what's going on - not everyone, and didn't say that top two execs knew or didn't know. A month ago, when those "top 2 execs" were making statements, they probably spoke to the best of their available knowledge - based upon a month or more to go in the quarter. I'm saying that within a few days of the quarter's end (and now, post-quarter) there is more current info available. You haven't heard Larry talking about how great the quarter was going to be in the past 2-3 weeks, have you? You have seen people trying to spin what Larry said, haven't you (North American, certain products, etc)? No one has come right out and said, "yes, overall revenue for ORCL corporation will be up by 25% (or any amount, actually), and we will hit our .20/share target, have you?" Kind of like Clinton's semi-denial of Monica. And, I was trying to explain how it's very possible that the outlook for the quarter can change on very short notice (look at what happened to SYBS, for example - a few days before numbers were out, and a profit was expected, they announced a huge loss). It's totally fine with me if you choose to think I'm wrong. I do see the stock has already dropped about 10 - 15% from about 2 weeks ago. Several months ago, with ORCL in the mid to upper 30's, I made some posts about how the DBMS industry was flat, and how ORCL was way over-priced because they wouldn't make their number. I got lots of grief about that on this thread. A few weeks later, the stock was in the upper teens. I think that long term, ORCL has a good business. But, that company is way too big to fix problems overnight. It will take longer for revenue to grow, given the market confusion/turmoil/competition (IFMX, SYBS in DBMS, and PSFT, Baan, SAP, etc. in applications)and given that ORCL has a very big expense base with growth momentum that is hard to turn off.