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Technology Stocks : Oracle Corporation (ORCL)
ORCL 222.85+2.4%Nov 14 9:30 AM EST

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To: Lizzie Tudor who wrote (17985)3/18/2003 7:05:55 PM
From: brushwud   of 19079
 
I was pleasantly surprised by the orcl numbers. I'm not sure about the stock falling tomorrow, ah hasn't been a real barometer of the next day trading for awhile.

The facts, ma'am, just the facts:

REDWOOD SHORES, Calif. (CBS.MW) -- Oracle Corp. beat analyst expectations Tuesday with net income that rose 12 percent from a year earlier, although its stock fell in after-hours trading due in part to disappointing software license sales.

The maker of database-management software reported net income of $571 million, or 11 cents a share, up from $508 million, or 9 cents a share, a year earlier. Total sales rose 2 percent to $2.31 billion, up from $2.25 billion, although its closely watched new license sales fell 4 percent to $755 million.
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