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More Oracle Nightmares (12/19/97)
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According to Webintosh, Larry Ellison's woes are just beginning. Following Oracle's 30% stock-slide a couple of weeks ago, now the stockholders are suing Oracle for stock manipulation. (It's lawsuits-a-plenty on AtAT these days!)

The two misfortunes are related, of course-- the lawsuit charges that Oracle's CFO and COO artificially inflated the stock by misrepresenting how well the company was doing. Two less-than-stellar quarters and the resulting stock-slide later, the stockholders are crying foul. They say that there's no way Oracle could have misforecasted its financial standing so inaccurately. And then there's the matter of five Oracle "insiders" having dumped over 800,000 shares of Oracle stock just before the announcements that led to the 30% tumble...

We hope Larry survives these recent hardships. After all, if he goes away, where will we get all of our info about Apple's CEO search and NC project?

 
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The above scene was taken from the 12/19/97 episode:

December 19, 1997: (Sorry—this was before we started writing intro text for each episode!)

Other scenes from that episode:

  • 283: Amelio's Tell-All (12/19/97)   Everybody duck! Ousted CEO (and 1997's "Doughy Suit of the Year") Gilbert Amelio is writing a tell-all memoir of his struggle in Cupertino. The tome will be co-written by Amelio's previous collaborator William Simon, which we've got to assume is a good thing; ever seen Amelio speak?...

  • 285: We Want Wapner! (12/19/97)   The next episode of the stellar new courtroom drama "Redmond Justice" is set to air on January 13th. In that installment, following the DoJ's request, the grumpy but loveable Judge Jackson will preside over a hearing to determine whether or not Microsoft should be held in contempt of court for violating the order he handed down in last week's show...

Or view the entire episode as originally broadcast...
Vote Early, Vote Often!
Why did you tune in to this '90s relic of a soap opera?
Nostalgia is the next best thing to feeling alive
My name is Rip Van Winkle and I just woke up; what did I miss?
I'm trying to pretend the last 20 years never happened
I mean, if it worked for Friends, why not?
I came here looking for a receptacle in which to place the cremated remains of my deceased Java applets (think about it)

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