strange view of sde feature within arcgis desktop

Dear all,
I have imported a feature class within oracle11gr2-sde (SDO_GEMETRY format).
Now, within arcmap (v10.1sp1+qi patch) I don't show all feature at full extent zoom level. When I make zoom and pan on maps other feature appear.
I have this behavior with all feature class where original shapefile has ZM attribute.
Why I don't show always all features?

If I remove M attribute it works fine. Why?

Regards