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Technology Stocks : Oracle Corporation (ORCL)

ORCL 199.42

-2.7%

9:33 AM EST

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To: syborg who wrote (7119)	5/12/1998 5:27:00 PM
From: Mo Chips	Read Replies (2) of 19080

<<In order to maintain license growth I would suspect that sales margin will have to decrease>> What are you trying to say? License revenue is usually a VERY high margin business. A lower margin would likely be the result of increased services revenues as a percent of total revenues. I doubt that Oracle experiences material fluctuations in their sales (aka gross) margins, especially at when comparing license margins and services margins over time. Am I confusing your terminology? If not, I believe you are mistaken in this relationship. Mo

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