Re: DB2 entering Wall Street. Will Oracle be left behind??

"dmz17" <dmz17_at_nospam.nowhere.com> wrote in message news:<pan.2002.11.16.16.38.48.52738_at_nospam.nowhere.com>...
> On Wed, 13 Nov 2002 08:47:15 +0000, Ronnie Yours wrote:
>
> > Hi,
> >
> > I read an article that JP Morgan is entering into an agreement with IBM to
> > outsource its tech operations.
> >
> > http://biz.yahoo.com/djus/021113/0018000026_2.html
> >
> > This means that IBM will start using DB2 as soon as it gets a chance as
> > their database of choice instead of Sybase which JPM currently uses.
> >
> > Also its just a matter of time when others on wall street will follow suit.
> > Even if they dont outsource their tech to IBM they might start using DB2 as
> > their database. Why do I say this. Because thats what history has told us.
> > The whole financial induatry uses sybase even though there are and always
> > were other choices available. I think they just maintain a standard across
> > board. The move from sybase to some other database needed a big move from
> > somebody who is large enough to make a significant impression on the whole
> > industry and JPM is large enough.
> >
> > This might take some time but eventually it will happen.
> >
> > Does this mean that its time to start learning DB2.
> >
> > Ronnie
>
> So you really, REALLY believe that Wall Street know what they're
> doing? Got any stock?
>

Actually, now is a good time to buy "value" stocks. Stocks that have good fundamentals and have been dragged down by the flight to bonds and pay dividends. Note that group doesn't include Oracle. Note that "good time" implies a long term investment.

Mere technical back-end superiority is not the criteria for a database (or most any other kind of software) vendors success in most any given vertical market.

> Cheers,
>
> dmz17

jg

--
@home is bogus.
http://www.wired.com/news/conflict/0,2100,55967,00.html