Re: Oracle: welcome to the basement

Hmmmm...let's see, that's about $10 Billion (rounded of course) in market cap gone poof in one swell foop, and about $20 Billion vanished since September peak of $42ish per share. Ouch. That's gotta smart, even for Larry. Listen, is that the worlds smallest violin playing "My heart bleeds for Oracle....." Welcome to the party, boys! I wonder how much longer Oracle will last ;-) gm. Joe Lumbley wrote: > > Oracle's stock dropped almost 30% in the first hour of trading today after > they announced disappointing earnings. By 10:30 EST they had been downgraded > to neutral by 3 brokerages and their trading volume was almost 10 times > their average. > > Maybe Informix should start making upgrade offers to Oracle customers > who are worried about the continued viability of Oracle ;) > > Joe > > -- > --------------------------------------------------------------------------- > Joe Lumbley(jlumbley@netcom.com) author of: "INFORMIX DBA Survival Guide" > > Slaving away on "INFORMIX DEBUGGERS Survival Guide", available early 1998 > from Prentice Hall/Informix Press. If you have debugging tips, tools, or > ideas to share, please send me some e-mail. > ---------------------------------------------------------------------------