Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Eric who wrote (9710)	3/3/1999 4:35:00 PM
From: Eric	Read Replies (1) \| Respond to of 19080

looks like i bought near the near term low ... successful test of the low ... today's trading forms a nice hammer formation which signals a trend reversal ...

To: Eric who wrote (9710)	3/3/1999 6:48:00 PM
From: Sonki	Read Replies (2) \| Respond to of 19080

please tell me this is just B.S. ifmx/orcl Bloomberg News: Oracle CEO Considers Buying Informix This is the story on Bloomberg News Wire: Los Angeles, Sept, 25 (Bloomberg) -- Oracle Corp. Chairman and Chief Executive Larry Ellison said Oracle would consider buying rival software maker Informix Corp. if the price were right. "It would have to be very cheap," Ellison told the Bloomber Forum. "It would be purely if the economics were right, if the price were low enough and no one else wanted it." He declined to say what the right price would be. Ellison's comments follow Informix's announcement this week that it's expanding an audit of its accounting methods, which could wipe $250 million from 1995 and 1996 earnings. Informix, like Oracle, makes software that helps companies catalog and retrieve large amounts of computer-based information. Ellison said Informix won't survive as an independent company. "There's no way they can survive this crisis," making the company ripe for a takeover bid, he said. Informix called Ellison's comments speculation and said it was confident about its future. "It is ultimately our customers and partners who decide who wins in the marketplace," Informix said in statement. Informix's shares are down 67 percent this year. The shares today rose 1/4 to 6 17/32 in trading of 5.39 million. giving the Menlo Park, California-based company a market value of $986.2 million. Oracle, in contrast had $1.33 billion in cash and short-term investments at the end of its fiscal year on May 31. Informix declined comment on whether Oracle has approached it about an acquisition.