By Chris Kraeuter, CBS.MarketWatch.com
Last Update: 5:00 PM ET Nov 17, 2000

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NEW YORK (CBS.MW) -- Veritas Software named Oracle Executive
Vice President Gary Bloom as its new president and chief executive.
Oracle shares fell 13 percent and Veritas shares rose 6 percent during
Friday's after-hours session.

Veritas (VRTS: news, msgs) shares rose $6.31 to $116.50 on Island
ECN. Veritas shares closed down $10.81 to $110.19.

Also, shares of Veritas merger partner Seagate (SEG: news, msgs) rose
$1.50 to $58.63 after closing down $3.63 to $57.13.

Oracle (ORCL: news, msgs) shares fell $3.56 to $25.25 as the most
active issue on Island ECN. Shares closed up $1.44, or 5.3 percent, to
$28.81.

Bloom will replace Mark Leslie as chief executive. Leslie will remain as
chairman of Veritas, and, according to a Veritas statement, will maintain a
full-time active role in the business.

Gruss
Cosa

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>>
>>Hi,
>>Ich glaube die Eilmeldung hat wohl jeder mitbekommen.
>>Oracle darauf gleich -10%.S&P gen süd. Alles perfekt für Montag!
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Allenfalls die (aus cnnfn):

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Veritas hires Oracle exec
Names Gary Bloom as chief executive; CEO Leslie to remain as chairman
November 17, 2000: 4:36 p.m. ET

NEW YORK (CNNfn) - Data software maker Veritas Software Corp. Friday said it named former Oracle Corp. vice president Gary Bloom as the company's new president and chief executive officer.

Mark Leslie, who has served as chairman and CEO of Veritas since 1990, will continue to serve as chairman and retain an active role in the business, Veritas said.

Bloom had been in charge of Oracle's core database business and involved in execution of Oracle's Internet and e-business efforts, according to Veritas. Oracle also issued a press release praising the hiring, saying it would lead to closer ties between the two companies.

Veritas is one of the world's top storage management software makers, making products that guard computer networks against data loss from crashes and errors and expedite data recovery.

Shares of Veritas (VRTS: Research, Estimates) fell $10.81 to $110.19 Friday ahead of the announcement, while Oracle shares gained $1.44 to $28.81. In after-hours trade, Veritas shares jumped to $117.50 on Instinet, while Oracle stock slipped to $26.

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Liebe Grüsse
Toni

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Cash bezieht sich auf die Opposition von Sonne/Saturn (s.u.).

Alle Achtung! - Ich bin übrigens nicht Larry Ellison in disguise! ;-)

O.


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