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

To: Andy M. who wrote (9055)	12/10/1998 8:59:00 PM
From: KM	Read Replies (2) \| Respond to of 19080

Evening Update: Solid Oracle Earnings Get Thumbs-Up After Hours By Heather Moore and Medora Lee Staff Reporters 12/10/98 8:08 PM ET Oracle (ORCL:Nasdaq) relieved many analysts with a much-stronger-than-expected second-quarter performance. Oracle posted a solid 46% year-over-year profit rise in the quarter ended Nov. 30 to boost earnings to 28 cents a diluted share, 4 cents above the 26-analyst First Call estimate and up from the year-ago 19 cents. But analysts were more impressed with the details. Oracle's core database server license revenue rose 26% from a year ago while applications license revenues, which had been flat for the past couple of quarters, jumped 19%. In the past four quarters, database products made up 73% of Oracle's sales, with applications making up the rest. Though analysts were generally pleased with the results, Tom Hensel, an analyst at Everen Securities, noted that year-over-year comparisons were also much easier after dismal results last year. Hensel's firm has not underwritten for Oracle. In a conference call, Oracle CFO Jeff Henley attributed much of the strength in applications to a 31% rise in the Americas region. He predicted that Europe, which received Oracle's Release 11 software for businesses later in the summer than the Americas did, will prop up applications growth in the third quarter. However, he noted "very, very aggressive" pricing competition from SAP (SAP:NYSE) that some analysts say should be watched. "With SAP, the question they will want to own this market at all costs," Hensel said. But he says Oracle is so big that as long as the company stays on track, it should be able to survive the price war. After today's earnings, Hensel said, he is considering raising his estimates for Oracle. Oracle initially rose 1 9/16 to 36 1/2 in after-hours trading but later retreated to 35 1/2.

To: Andy M. who wrote (9055)	12/10/1998 9:00:00 PM
From: oraclefan	Read Replies (1) \| Respond to of 19080

Thanks Andy. We're pretty fired up around here because we have a solid vision on where we're going. That's half the battle. As I see it, when Larry's around, the stock goes up; when he's not, the stock goes down. I've been here a while and this just keeps happening the same way every time. Now this isn't to say Ray Lane or Jeff Henley aren't good. They're awsome. Here's a for-instance. Here's how Ray works. I invited him to our division to poke around and see the front lines of sales. He was immediate and direct in his answer. He said, and I quote: "I've never been invited" I said "Well, I'm inviting you" he responded "Great set it up." Now, this is where it gets good. Not only did Ray show up with George Roberts like he said he would. He immediately solved, addressed, and killed all our gripes, problems, and issues. Wham, just like that. Here's another for instance: We said we're not getting a fair market base(which, believe it or not, we weren't really) He, I couldn't believe it, said "OK, 20% across the board. Done. Next issue." That's LEADERSHIP. This guy came in here and BAM! 367 people were left dumbfounded. This guy is on fire. Jeff, I've talked with him a couple times, is sharp as a frigin razor. This guy is on it when you're talking financial issues. Not to mention the guy is a scratch golfer. So are we at all intimidated of Microsoft? Please. While it is never smart warfare tactics to underestimate the opponent, this opponent is like a drunk cyclops with blinders who has such a gluttony for hiding his great hubris that he doesn't even know the rules of the game just changed on him...to everyone needs depth perception for web computing. Oh, by the way, watch out for Phil White, the old Informix CEO. This guy is formidable and keep an eye on him if you want to make $$...you heard it here first.