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Technology Stocks : Oracle Corporation (ORCL)
ORCL 220.55+1.4%3:59 PM EST

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To: Michael Olin who wrote (8315)9/12/1998 8:36:00 PM
From: Brian Moore   of 19080
 
Mike, do you have a sense of what growth in license revenue means? My guess is current customers have licensed the version they now run and have paid a maintenance fee for upgrades for a year. They may or may not choose to upgrade to the latest version for technical reasons of their own. Thus a current customer will just keep paying maintenance and won't be much of a source of growth in license revenue unless they decide to add more of Oracle's products. It's the brand new customers that are the main source of growth in license revenues, right?
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