It's certainly possible to create a large variable character column which is essentially free form and it can be delimited using any number of special characters.
These types of columns are very poor for queries however if there is no real structure to the column itself because there are few ways to index it which means the SQL engine of the database platform will perform full table scans on the table in question. If this is a large table, it can take a looooong time to complete. You could implement par ioning which could reduce the overall impact but you still have to par ion based on an existing column of data.
If the tables in the database are relatively small then you could probably get away with using qualifying predicates on a large variable character field but it's still very inefficient.

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