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


To: zc66 who wrote (8937)12/3/1998 11:56:00 AM
From: zc66  Read Replies (2) | Respond to of 19080
 
Q2 earnings will be announced next Thursday, December 10.



To: zc66 who wrote (8937)12/8/1998 6:48:00 PM
From: Ralph Balila  Respond to of 19080
 
Actually, it is Dec. 10 after the market closes.
Source=www.oracle.com web site.



To: zc66 who wrote (8937)12/9/1998 3:12:00 PM
From: Mapache  Read Replies (1) | Respond to of 19080
 
cbs.marketwatch.com

Oracle profit expected to rise 26%
Sybase close to unveiling data-warehousing deal

By Brenon Daly, CBS MarketWatch
Last Update: 2:53 PM ET Dec 9, 1998
NewsWatch

REDWOOD SHORES, Calif. (CBS.MW) -- Oracle is expected to show earnings
growth of about 26 percent when it reports fiscal second quarter results
on Thursday, as services lift results at the database titan.

The world's second-largest software company (ORCL)
is expected to earn 24 cents per share, up from 19
cents per share in the same quarter last year.
Revenue is expected to rise to $2.75 billion from
$1.6 billion in the same quarter last year.

Oracle rates a "strong buy" from Edward Jones
analyst Art Russell, who sees the company earning
23 cents per share.

Russell, who serves primarily retail investors,
equates the Internet phenomena with the Gold Rush
about a century and a half ago. At the time, he
said, there was two ways to make money: either pan
around in the hills in hopes of striking it rich,
or selling goods and services to the folks looking
for gold.

"Oracle is selling the picks and maps" for the Internet gold rush, Russell
added. Last month, the company launched Oracle8i, which it billed as "the
world's first Internet database."

Nine of the 10 largest e-commerce sites on the Web use Oracle software.

On the other side, Prudential Securities cut its rating on the stock,
citing valuation. Since the investment bank picked up coverage, the stock
has risen 60 percent to just under a 52-week high. On Wednesday afternoon,
shares added 1/2 to 35 13/16.

Oracle said it has begun testing Oracle8i Lite on Tuesday, a move that
puts it directly head-to-head against Sybase, said David Card, an analyst
at Jupiter Communications in New York City.

Sybase, which announced a reorganization last week, is slated to release
earnings next Monday.

Between now and then, Sybase (SYBS) is expected to report a "large deal"
with an unknown device maker for the company's mobile data warehousing
product, according to an executive close to the deal.

Sybase shares added 1/16 to 7 15/16, but are still less than half their
52-week high.