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


To: Myron Z. who wrote (8721)10/30/1998 8:39:00 PM
From: twt  Read Replies (1) | Respond to of 19080
 
old news? new news?....

* ORACLE CORP said Friday its revenues from the financial services
sector in the Asia Pacific region during the past five months have
grown more than 50% from a year ago to US$20 million. Oracle said
the sales growth reflects the increasing need of the banking
sector in the region for information technology management
solutions. "Issues the financial sector is facing today, such as
the millennium bug, the adoption of the euro in early 1999 and the
regional currency volatility, are forcing banks to review their
existing corporate IT systems," Oracle Hong Kong general manager
Arics Poon said. (Reuters 05:08 AM ET 10/30/98) For the full text
story, see
infobeat.com