Please take this to the off topic list.
Jared
Bob Lofstrand <[EMAIL PROTECTED]>
Sent by: [EMAIL PROTECTED]
06/23/2003 03:59 PM
Please respond to ORACLE-L
To: Multiple recipients of list ORACLE-L <[EMAIL PROTECTED]>
cc:
Subject: RE: Look's like Larry's at it again...
Let them. They may pay no taxes but wait until they get hit with import
tariffs. They will pay Uncle Sam one way or another. It will also be come
illegal for them to lobby Congress. Not impossible, or even unlikely, just
illegal.
-----Original Message-----
Sent: Friday, June 20, 2003 4:30 PM
To: Multiple recipients of list ORACLE-L
Seriously though, I wondered years ago at what point multinationals are
going to pick a deserted island, declare it their country, and set up
their
own tax laws.
Some companies have higher revenues than countries.
Patrice.
-----Original Message-----
Sent: Friday, June 20, 2003 3:20 PM
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!]
--
Please see the official ORACLE-L FAQ: http://www.orafaq.net
--
Author: Jesse, Rich
INET: [EMAIL PROTECTED]
Fat City Network Services -- 858-538-5051 http://www.fatcity.com
San Diego, California -- Mailing list and web hosting services
---------------------------------------------------------------------
To REMOVE yourself from this mailing list, send an E-Mail message
to: [EMAIL PROTECTED] (note EXACT spelling of 'ListGuru') and in
the message BODY, include a line containing: UNSUB ORACLE-L
(or the name of mailing list you want to be removed from). You may
also send the HELP command for other information (like subscribing).
--
Please see the official ORACLE-L FAQ: http://www.orafaq.net
--
Author: Boivin, Patrice J
INET: [EMAIL PROTECTED]
Fat City Network Services -- 858-538-5051 http://www.fatcity.com
San Diego, California -- Mailing list and web hosting services
---------------------------------------------------------------------
To REMOVE yourself from this mailing list, send an E-Mail message
to: [EMAIL PROTECTED] (note EXACT spelling of 'ListGuru') and in
the message BODY, include a line containing: UNSUB ORACLE-L
(or the name of mailing list you want to be removed from). You may
also send the HELP command for other information (like subscribing).
The information contained in this communication, including attachments, is
strictly
confidential and for the intended use of the addressee only; it may also
contain
proprietary, price sensitive, or legally privileged information. Notice is
hereby given that
any disclosure, distribution, dissemination, use, or copying of the
information by anyone
other than the intended recipient is strictly prohibited and may be
illegal. If you have
received this communication in error, please notify the sender immediately
by reply e-mail,
delete this communication, and destroy all copies.
Corporate Systems, Inc. has taken reasonable precautions to ensure that
any attachment to
this e-mail has been swept for viruses. We specifically disclaim all
liability and will
accept no responsibility for any damage sustained as a result of software
viruses and advise
you to carry out your own virus checks before opening any attachment.
--
Please see the official ORACLE-L FAQ: http://www.orafaq.net
--
Author:
INET: [EMAIL PROTECTED]
Fat City Network Services -- 858-538-5051 http://www.fatcity.com
San Diego, California -- Mailing list and web hosting services
---------------------------------------------------------------------
To REMOVE yourself from this mailing list, send an E-Mail message
to: [EMAIL PROTECTED] (note EXACT spelling of 'ListGuru') and in
the message BODY, include a line containing: UNSUB ORACLE-L
(or the name of mailing list you want to be removed from). You may
also send the HELP command for other information (like subscribing).
