Oracle Wednesday told a skittish market behaving lately like a bunch of old ladies that its fiscal Q2 earnings were up 35% to $1.3 billion, or 25 cents a share, on revenues up 28% to $5.3 billion. Having done better than expected, the company's stock rose in after-hours trading after being down on the day and the exchange held its collective breath waiting for the company's guidance and any sign that spending is slowing. During its conference call Oracle projected new software licenses would be up 15%-25% this quarter and total revenues up 20%-23% with GAPP earnings of 23 cents-25 cents and non-GAPP earnings of 29 cents-30 cents.