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


To: zc66 who wrote (7479)6/17/1998 8:22:00 PM
From: Mo Chips  Read Replies (2) | Respond to of 19080
 
Something is going on that wasn't stated in the press releases. See this link....

cnnfn.com

Particularly the paragraph....

During the fourth quarter, Oracle's database software sales grew 17 percent from the year-ago period, while its applications software sales grew 58 percent.

Overall license revenue was up only 10% quarter over, so if DB license is up 17%, and app licenses up 58%, what declined or brought overall licenses growth down? Seems that there are some negatives, what I'm not sure...

By the way, we won't see $45 in 3 months, sorry. I'd like to see it but we won't.

Mo