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

To: LarryX-Man who wrote (7247)	5/29/1998 2:17:00 PM
From: Tech Master	Respond to of 19080

I haven't seen it yet... I'm just the messenger..... but your broker should be able to retrieve the report as it ran on Dow Jones.... Tech Master

To: LarryX-Man who wrote (7247)	5/29/1998 2:18:00 PM
From: WTSherman	Read Replies (1) \| Respond to of 19080

Another down day for ORCL, I think that anyone expecting a really big performance this quarter is going to be disappointed. My feeling is that for the next 12 months or so the Y2000 issue is going to seriously impact all the company's like ORCL. Customers who were going to migrate out of legacy apps to new C/S apps had to have made that decision during 97 or earlier in order to have a reasonable hope of getting their projects complete before 1999(thus the big surge in business for SAP, PSFT, etc.) The DBMS purchases associated with those migrations have largely been made. Now, the company's that haven't decided to migrate their major finance and order processing apps from legacy systems are going to be very, very focused on getting their Y2000 problems under control. This will stifle any other projects that might be on the plate and their aren't enough people in most IS departments to handle all the requirements being thrown at them these days. Nobody is available to hire. So, priority will go to Y2000 and lots of other things will wait... JMHO P.S. Larry's gotta go, time has passed him by.