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RE: But all is not gloom and doom for Oracle...

From: Eric D. Pierce <PierceED_at_csus.edu>
Date: Thu, 22 Mar 2001 11:43:58 -0800
Message-ID: <F001.002D5226.20010322113040@fatcity.com>

Good points.

The only thing I know about (as a non-expert) that might be worth adding is that that there are some people in the "legitimate" investment sector that supposedly ran some extremely unethical (and large scale) "pump-and-dump" type operations (short sales, and so forth) on high-tech/dot-com stocks. Wired magazine's web site has an article about how such scheme's work(ed). Written by one of the wheeler-dealers that did it.

As far as I know (admittedly almost zero), there was no direct involvement of Oracle stocks in such unethical practices.

regards,
ep

On 22 Mar 2001, at 4:37, Boivin, Patrice J wrote:

Date sent:              Thu, 22 Mar 2001 04:37:06 -0800
To:                     Multiple recipients of list ORACLE-L <ORACLE-L_at_fatcity.com>

> I agree, Tim.
>
> Everything is relative to the context -- Oracle is well positioned right
> now, as are the other companies that produce tangible products.
>
> There are thousands of people who "played" with Internet stock trading, many
> of them buying shares on margin. Now they were burned a little, they
> retreated in a panic hence the drop in market share for the NASDAQ firms.
>
> In reality, Oracle is a solid company

...

-- 
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Author: Eric D. Pierce
  INET: PierceED_at_csus.edu

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Received on Thu Mar 22 2001 - 13:43:58 CST

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