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To: bob zagorin who wrote (12539)	12/10/1998 5:58:00 PM
From: bob zagorin	Read Replies (2) \| Respond to of 14631

so much for ORCL having a bad Q. Oracle Q2 profits almost double By Randy Weston Staff Writer, CNET News.com December 10, 1998, 2:00 p.m. PT Oracle is back in the game, nearly doubling profits from last year. The Redwood Shores, California-based vendor today announced profits of $274 million--with earnings at 28 cents per share--for its second quarter ended November 30. The earnings reflect a 46 percent leap from net income the like period last year of $187 million, or 19 cents per share. Wall Street was predicting earnings of 24 cents per share. Oracle's revenue for the recent quarter was up 27 percent from last year's second period to $2.1 billion from $1.6 billion. Oracle's market-dominant database business, which includes software, tools, and related service, grew 25 percent to $1.5 billion and $5.8 billion for the past four quarters.