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Technology Stocks : Oracle Corporation (ORCL)

ORCL 196.99

-1.6%

Nov 25 3:59 PM EST

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From: Mighty Mizzou	9/14/1999 4:46:00 PM
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Bottom line not the bottom line "People will be paying more attention to license growth than bottom line ," said Steve Abrahamson, an analyst with Volpe Brown Whelan & Co. in San Francisco, just before Oracle posted its earnings. In the company's conference call in June, executives said investors had reason to be cautious about software sales in the current quarter, thanks to the year 2000 computer glitch. But long term, Oracle has been bullish about software sales, says Melissa Eisenstat, an analyst with CIBC World Markets Corp. in New York. Oracle's sales were strong in August, says Bob Austrian, an analyst with Banc of America Securities in San Francisco.

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