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

To: Lizzie Tudor who wrote (8240)	9/10/1998 5:06:00 PM
From: aps	Respond to of 19079

23 3/8 last in after hours

To: Lizzie Tudor who wrote (8240)	9/10/1998 11:17:00 PM
From: Lizzie Tudor	Respond to of 19079

Can anybody synopsize the conference call, thanks

To: Lizzie Tudor who wrote (8240)	9/11/1998 11:03:00 AM
From: lml	Read Replies (4) \| Respond to of 19079

Michelle: While I value your input since you speak from personal industry knowledge, I can't help but agree somewhat with sum of the bullish comments on this board stemming from yesterday's release of 1Q earnings. Granted application revenues must grow at a greater rate; granted license growth is less than what the market would like to see, but keep in mind how much this stock has been beaten down & the transition the company is currently going thru on a number of fronts. IMHO, today's market reaction is "a correction" of ORCL's overall health, primarily w/respect to its core database business. Its just not as bad or flat as some of the market "pundits" thought it was last year. If a prior post is correct, even Goldman has corrected its overall view of ORCL. As far as applications go, change will not happen overnight. I really don't think the market was really expecting much in the way of application growth for this Q. Hell, look at the recent price performance of other ERP stocks: SAP, PSFT, MANU, ITWO. As far a license growth is concerned, I think growth will be renewed as ORCL 8 & ORCL 8i begin to take hold. Again, I don't think the market was really expecting that much this Q.