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Oracle Corporation Message Board

  • nitemareguy nitemareguy Jun 9, 2002 4:43 PM Flag


    of course, Xerox was hurt by competition from Japan on copiers, etc., and couldn't/didn't adjust....

    ...not sure if INTC, Oracle, are quite in that category.... Any serious competitors on the horizon from Asia, or anywhere for them...?

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    • While I agree with most all okdeal123 said in his message, in fact, I said about the same thing in terms of investment/trade strategy sometime last week, Xerox is not a fair comparison. They were institutionally self-defeating. IBM ran into problems too but, were nimble enough institutionally, as big a ship as they are, to re-create themselves and adapt to new possibilities that kept them from going extinct. I believe the experiences of both of these companies in the 1980's was not lost on today's large tech companies of which Oracle is included. Ellison is a son-of-a-gun but, he understands the "adapt and survive" principal. Oracle has problems particular to the company as so many tech companies has problems particular to them. The fat has been sucked out of the share price. Nonetheless, Orcle will go down to the sixes not due so much to its particular problems as to the overall market condition. That is to say, it will move up or down pretty much with the market (NASDQ) overall at this point. And, as okdeal123 said, it will go down much more before the bloodletting is over.

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