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

To: norm chin who wrote (10286)	3/31/1999 9:36:00 PM
From: Hardly B. Solipsist	Read Replies (1) \| Respond to of 19080

You guys need to take Math 101 again. Mr. Laker is tautologically correct. I don't think that his point is very useful in predicting the stock price or growth rate of any given company for any given period, but the logic is fine. So the comment that it is "flawed" is incorrect. I wouldn't argue with the contention that it is irrelevant, and I think that your points bear on that...

To: norm chin who wrote (10286)	4/1/1999 12:39:00 AM
From: hasbeen101	Read Replies (1) \| Respond to of 19080

If the above equation is correct, how can any company gets bigger than the economy? It can't, which is why the growth rate of the economy is an asymptote for the growth rate of the company. Orcl currently has revenues of $8 bn a year (source: SI). The US GDP is currently $8 trillion a year (source CIA world fact book). The growth rate of the US economy is 3.8%. If ORCL grows revenues at 40% per year, and US GDP increases at 3.8%, ORCL revenues will exceed US GDP within 23 years. If you believe that feat is possible, ORCL revenues will exceed world GDP within 30 years. I guess most people on this thread would still believe that would be possible also. Maybe database demand is growing on Mars.