Oracle Corporation (ORCL) Message Board

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Technology Stocks : Oracle Corporation (ORCL)

ORCL 210.67

-6.6%

3:59 PM EST

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To: michael97123 who wrote (17548)	9/17/2002 4:34:16 PM
From: Lizzie Tudor	of 19079

Yes license revenue was expected to decline 25% and it declined 23% from last yr. License update revenues were up 9%. (funny... I thought major upgrades were included in licenses not maintenance) New software license sales were $549 million, down 23% Sales of the company's database and applications software are projected to fall from year-ago levels. Management had projected in June that software license fees would fall as much as 25 percent, from $711 million in the fiscal first-quarter last year. Most analysts still project software sales to fall about 20 percent, on average. marketwatch.com;

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