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Technology Stocks : Oracle Corporation (ORCL) -- Ignore unavailable to you. Want to Upgrade?

To: Mark Palmberg who wrote (3811)	12/8/1997 9:01:00 PM
From: lin huan chen	Respond to of 19080

Dow Jones Newswires -- December 8, 1997 Oracle Plunges After Hours Following 2Q Earnings Report NEW YORK (Dow Jones)--Shares of Oracle Corp. (ORCL) plummeted in after-hours trading following an announcement the company earned 19 cents a share in the second quarter compared with 18 cents a year ago. According to Peter Park, of PT Discount Brokerage, Oracle was the big mover after market close, falling to 30 from a close of 32 3/8. Analysts had expected Oracle to earn 23 cents a share in the second quarter, according to a First Call Inc. survey. The company, which posted second-quarter revenue of $1.61 billion compared with $1.31 billion, said turbulence in Asian economies hurt second-quarter earnings.