Oracle

For our clients who own Oracle Software, it's nice to report that the company reported great earnings after the close yesterday and the stock surged over 11% today. Net Income was up 29% on a 30% increase in revenue. Larry Ellison seems to be proving his detractors wrong again. With the acquisitions he's made over the last year, it now appears to be down to Oracle and SAP. I know who we're betting on. Click on the title to read the press release about the earnings. Here's a link to the conference call.