Excellent, but I really thought he meant to call it Larry Land!  :)

Pete

"Controlling developers is like herding cats."
Kevin Loney, Oracle DBA Handbook

"Oh no, it's not.  It's much harder than that!"
Bruce Pihlamae, long term Oracle DBA.


-----Original Message-----
Jesse, Rich
Sent: Friday, June 20, 2003 11:20 AM
To: Multiple recipients of list ORACLE-L

Oracle Makes Bid to Buy State of Delaware


Software giant willing to assume state's $225 million deficit in
exchange
for 
legislative control, naming rights 

Wilmington, DE - Oracle CEO Larry Ellison today announced his intention
to 
purchase the state of Delaware for $300 million in cash and Oracle
stock.
The
move comes on the heels of Oracle's bid for rival software firm
PeopleSoft,
and is the first time that an offer has been made to buy a U.S.
territory.

Delaware governor Ruth Ann Minner responded to the bid with shock and
seemed
certain that the hostile takeover could be avoided. 

"Oracle's bid comes as a big surprise to the government and people of
Delaware", said Minner at a press conference. "At this point, we are
checking
into whether or not a company, such as Oracle, can buy a state, and
whether
or
not Delaware is actually for sale."

Oracle's announcement sent shockwaves through the political and economic
landscape.  Oracle shares dropped 8% immediately following the
announcement,
only to rebound and break even for the day, with heavy volume being
traded.
Meanwhile, government officials in Washington scrambled to look into the
legality of such a purchase, and who actually currently owns Delaware.

In an afternoon press conference, Ellison seemed certain that Oracle
would
own
Delaware in the near future. 

"The fact is that the state of Delaware is in a budget crisis that it
can
not
resolve. Oracle's bid will immediately pump $300 million into the state
budget, and (Oracle) will also be assuming all current Delaware debt.
Call
this a 'hostile takeover' if you must, but the people of this great
state
deserve a better future, and I will be able to give them just that."

President Bush, who was giving a speech to coal miners in Kentucky,
called
the
Oracle bid "interesting" and added that "49 states would be easier for
me to
handle than 50".

Ellison rival Tom Siebel called the move "typical", and added "Larry
thinks
he
can take over the world, and I guess he thinks this is a good place to
start.
I personally would have targeted Vermont."

Ellison defended his decision, citing fourteen state parks, a minor
league
baseball franchise, an annual Nascar race in Dover, and the annual Great
Delaware Kite Festival as reasons that Delaware is primed for success. 

"Delaware is a state rich in tradition and excitement. None of the
existing
festivals or events will be changed. I mean, who doesn't love minor
league
baseball and kites?"

If the takeover bid is successful, Ellison plans to place several Oracle
executives in key state government positions, and is considering
re-naming
the
state either New Ellison or OracleLand. 


[Couldn't resist, Jared!  Hope it's not too OT!]
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