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

To: Sonki who wrote (7440)	6/17/1998 4:21:00 PM
From: HammerHead	Read Replies (2) \| Respond to of 19080

Revenues up 26% at the current dismal Asia storm is encouraging.

To: Sonki who wrote (7440)	6/17/1998 4:30:00 PM
From: Eric	Read Replies (1) \| Respond to of 19080

There is one thing I did not like about the earning report ... "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." 10% overall license growth is not great, but it beats the estimate. But where is application in all of this? Does that imply application license growth is less than 24%? not very good if that is the case ... cautiously optimistic ... Eric