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

To: ACEINVESTOR who wrote (6606)	3/31/1998 1:18:00 AM
From: Sonki	Read Replies (4) \| Respond to of 19080

interview w. orcl: PeopleSoft's ERP licensing fees rose 64% in the (check psft and sap pe, Stock prices have grown a lot more expected earning) fourth quarter from the year-ago period. They've risen by at least that amount in each of the last four quarters. SAP reported 58% growth in the fourth quarter from a year ago, about in line with other recent quarters. But Oracle says its licensing fees rose only 30% in the quarter ended in February from the year-earlier quarter, and only 7% in the November quarter. ''PeopleSoft's got great momentum going,'' said an analyst who spoke on condition of anonymity. ''Ellison doesn't want to eat his own words.'' If Oracle doesn't start growing its ERP business by 40% to 50% a year, it could get passed up by PeopleSoft as the second-largest ERP vendor, admits Lane. ''I don't think they'll (PeopleSoft) pass us up,'' Lane said. ''But if our fourth-quarter (ending in May) revenue growth is only 30%, I'd be more worried. That would mean three quarters of being under our desired growth rate.'' Oracle moved into ERP because the business works well with its database products. Many corporate customers buy Oracle databases to run ERP. But that strategy has exposed Oracle on two fronts. In the fast-growing ERP market, it faces PeopleSoft and SAP. In the database market, it's up against IBM Corp. and Microsoft Corp. any comments?