ORACLE SYSTEMS <ORCL> FILES FOR OFFERING
Oracle Systems Corp said it has
filed for an offering of 2,300,000 common shares, after
adjustment for a recent two-for-one stock split, including
800,000 to be sold by shareholders.
    The company said lead underwriters are Alex. Brown and Sons
Inc <ABSB> and <Donaldson, Lufkin and Jenrette Securities
Corp>.  The offering is expected to be made in early April,
with company proceeds used to repay all short-term debt, for
working capital and for possible acquisitions.
    Oracle said after the offering it will have about 28.5 mln
shares outstanding.
 Reuter
