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Technology Stocks : Oracle Corporation (ORCL)

ORCL 195.69

+0.4%

3:59 PM EST

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To: Ernest Emerick who wrote (518)	12/4/1996 8:22:00 PM
From: Pajoh Lublewski	of 19080

Ernest: I did do my sums and you are wrong. According to SAP's 1995 Annual Report (http://www.sap.com/discsap/annual/english.htm) R/3 sales grew 69% to 1.7Bn DM (or about $1.09Bn at an exchange rate of $1 = 1.56DM). Total revenues were $2.7Bn DM in 1995. Oracle's run rate for Application sales was around $450M, but last quarters sales were 4% below a year ago. SAP claim that independant studies give them 72% of the client/server software market. On that basis I would suggest that your statement below is misguided "Get real dude, yes SAP is big, but in the Main-frame non-relational market. Oracle owns the unix/open systems end of financials/manufacturing, SAP is not even close in this arena..." Check your facts dude Brian

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