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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank
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To: Dave Gore who wrote (119092)12/14/2000 4:20:15 PM
From: Dave Gore  Read Replies (1) of 120523
 
I am impressed by their earnings. Check this out from the PR. But as usual in this market, people want perfection.

""This quarter's numbers are even more impressive when you factor out currency
fluctuations," said Oracle Chief Financial Officer, Jeff Henley. "The proper way
to measure our growth year over year is in constant dollars. Using that measure,
quarterly applications software sales were up 73% while database software sales
were up 26%. Total license growth increased 32%. That's stellar growth for a
company our size. Add the fact that it took us just two years to double
operating margins and more than double profits, and you have a measure of the
strength of our business."
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