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Technology Stocks : OBJECT DESIGN Inc.: Bargain of the year!!

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To: Erez who wrote (2023)6/19/1998 3:46:00 AM
From: GUSTAVE JAEGER  Read Replies (1) of 3194
 
It's interesting to see what's happening in the ''old'' RDBMS world...
Here's the ORCL FY press release:
biz.yahoo.com

Excerpt:

Oracle Corporation Reports Record Fourth Quarter and Fiscal Year End Results Fourth Quarter EPS $0.41

Oracle Tops $7 Billion in Annual Revenues

REDWOOD SHORES, Calif., June 17 /PRNewswire/
-- Oracle Corporation (Nasdaq: ORCL - news) today announced record fiscal year results for the period ended May 31, 1998. Oracle's two businesses, database and applications, totaled $7.1 billion in annual revenues. The database business, including database, tools and related services, reported $5.3 billion for fiscal year 1998, and grew at 17 percent compared to the prior year, continuing its position as the largest database business in the world. The applications business and related services grew 58 percent for the year, totaling $1.8 billion in annual revenues, continuing its position as the second largest applications business in the world.

Revenues for the fourth quarter increased 24 percent (28 percent in local currencies) to $2.4 billion from $1.9 billion in the
same period last year. Net income for the period increased to $403 million, or $0.41 per share, compared to net income of
$360 million, or $0.36 per share, in the same period last year.

For the total fiscal year 1998, revenues grew 26 percent (31 percent in local currencies) to $7.1 billion. Net income for the
period increased to $955 million, or $0.96 per share, excluding charges related to acquired in-process research and
development from Treasury Services Corporation and Navio Communications, Inc., in Oracle's first quarter. This compares to
net income of $845 million, or $0.84 per share, for fiscal year 1997, excluding the $24 million after tax charge in Oracle's fiscal
1997 third quarter for the purchase of Datalogix, Inc.

Overall license and other related revenue in the fourth quarter grew by 10 percent year-over-year reflecting continued demand
for Oracle's core products in the fourth fiscal quarter. In particular, database in the Americas increased 24 percent, leading
overall license performance. Services revenue increased 43 percent, year-over-year, which continued a four year trend of consistent 40 plus percent growth.


That's interesting: only 10% y/y for ORCL's overall license revenues and an unimpressive 24% growth rate for the database licensing business ie half ODIS's growth rate!
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