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Technology Stocks : Oracle Corporation (ORCL)

ORCL 188.62

+2.0%

Dec 16 3:59 PM EST

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To: Bipin Prasad who wrote (8301)	9/11/1998 9:09:00 AM
From: Roy F	Read Replies (1) of 19080

RESEARCH ALERT - Prudential ups Oracle September 11, 1998 08:50 AM NEW YORK, Sept 11 (Reuters) - Prudential Securities upgraded Oracle Corp. to a strong buy from accumulate, a source at the securities company said Friday. -- Oracle on Thursday reported fiscal first quarter earnings of $195 million, or $0.20 per share, compared with $150 million, or $0.15 per share, a year ago, excluding one-time charges. -- Oracle reported revenues of $1.7 billion for the first quartere ended Aug. 31. -- Oracle closed Thursday at 22-1/8. ((-- Wall Street Desk, 212-859-1730)) REUTERS --------------------------------------------------------------------------------

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