Re: (Fwd) Oracle's Savings Don't Add Up

From: Jim Conboy <Jim.Conboy_at_trw.com>
Date: Fri, 09 Mar 2001 12:42:21 -0800
Message-ID: <F001.002C8A78.20010309121136@fatcity.com>

Well well well.

I'm quite distressed to hear that Oracle's been shutting down and selling off servers like mad, but Metalink doesn't have the hardware it needs to run smoothly. And some of their 'savings' are not spending less but keeping costs growing slower than revenues. Reminds me of when my wife 'saves' a bundle on furniture, hard to retire on that kind of 'savings'. But on the whole Oracle's cost-cutting seems pretty impressive and I don't think they deserved the negative headline. If it keeps my bills from climbing even higher I'm all for it.

Jim

>>> PierceED_at_csus.edu 03/09/01 02:05PM >>>

Forwarded message follows ------- To: pierceed_at_csus.edu Date sent: Fri, 9 Mar 2001 02:04:02 -0500 (EST)

TODAY'S NEWS

Oracle's Savings Don't Add Up
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OPINION: Want E-Biz Influence? Be Ready For The Fallout
How Wall Street Reacted

...

Oracle's Savings Don't Add Up

Don't buy into Oracle's claims that it's saving billions of dollars by implementing its own e-business software. Much of the savings actually have come from cost-cutting measures that could have been achieved without the Internet, according to experts and an analysis of Oracle's financial
statements.

Oracle has achieved impressive savings--hundreds of millions of dollars, in fact--by re-engineering business processes around the Internet. But it looks like Oracle isn't going to slide in safely this year or next on the many more billions it has promised to save.--Mitch Wagner

So where's the money? Read on:
http://update.internetweek.com/cgi-bin4/flo?y=eCsd0BdpN70V30LbsD

Do you believe Oracle's claim that it's saving billions of dollars through the use of its own software and the Internet? Answer our Reader Poll: http://update.internetweek.com/cgi-bin4/flo?y=eCsd0BdpN70V30LbtE

...

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...

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Author: Jim Conboy
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Received on Fri Mar 09 2001 - 14:42:21 CST