I'd say that's possible but highly unlikely.  While Oden has a lot going for him, what I've seen of him is that he's not quite NBA ready.  Think Eddy Curry with some more at the defensive end and maybe a little less fluidity on offense.  Of course, it's nearly impossible to tell just from high school.

http://www.chicagotribune.com/sports/basketball/bulls/chi-0602060096feb06,1,7870026.story?coll=chi-s portsnew-hed

Right now (we'll see how things shake out next month) I would rather have Carney than Brewer, and Aldrige (this year) rather than Oden (next year). Although of course any team would love a shot at Oden... but really I just think it is far to early in the reign of LB to predict the '07 pick. But we'll see I guess...

But my guess is that a more likely Paxson draft combo will be Carney and Splitter. Carney has really looked great in a leading role for Memphis lately (although I should mention that my Rice Owls... where I'm a grad student... did a nice job on him last weekend... he went 5-16 against a mediocre team... which really should just not happen... seems like his recent ascent on draft boards may have shook him... or maybe he just had an off night against a team he thought they could roll over). I don't know much at all about Splitter other than what is on the draft websites... but from those descriptions at least he seems like a good fit... inside tough presence... good rebounder & shot blocker... decent but not great offensive player. Also one of the Chicago papers (I believe two weeks ago?) mentioned Pax has recently been in Europe scouting him personally... but who Paxson was focussing on is probably assumed knowledge at best. Also apparently there is an issue with Splitter's buy-out with his present team. Aldrige I'm a big fan of... although if you catch a Texas game it is absolutely ridiculous how bad his guards are at getting him the ball in the post... also he appears to be able to get good position at will at the college level. But when he does actually get the ball... he is really fluid and has a great jumper... maybe till ~15 feet or so. I'm less impressed with his defense... but if he is able to play similar to how he has this year (I thought his game against Duke and Williams was a decent gauge)... it will certainly be ahead of Curry's (i.e. it's not that bad... especially I have to believe standing next to Chandler).

but no thanks. i mean, that sounds nice, but i for one have had enough of kids and rebuilding. we have picks to spare. we have cap room (soon). let's add a star to an almost-developed talented supporting cast (next year, gordon and deng will be thee year vets, hinrich fully developed in his fourth, tyson in his sixth).  

of course, we might need to lose one of those first 3 to help get a star. the bulls need a solid go-to high fg% 20ppg guy  who attacks the basket. i feel that would open up so much for this team. of course, now you're going to ask me who that guy is...

i'm just saying, the bulls are solid now, and i don't think it would be wise to start over again, enticing as those young kids are.

carney and aldridge would certainly be intriguing.  two guys that can offer some reasonable offensive output and a nimble big to put up next to chandler.  splitter wouldn't be a bad consolation prize.  he sounds to me to be like a beefier tyson-type player: active on the glass, good defensive instincts but not necessarily a player that controls games.  I'd take that.  It would give us an impenetrable defensive interior, allowing our guards to put more energy into the offense.  either way, i don't see how we can draft anything other than a 2 and a 4/5 in this draft.  Morrison is great and going to be a solid pro but we absolutely have not need there (he will never be a shooting guard).  
Nocioni!