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) --


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and its investors chalked up a big victory, with the database giant winning a massive

$1.3 billion in software theft-related damages

from rival


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Pat Walravens, an analyst at JMP Securities, said the award represents a benefit of about 25 cents per share for Oracle shareholders, while SAP investors stand to lose $1.20 a share on full-year earnings.

Oracle CEO, Larry Ellison

Wednesday's verdict, which followed more than three weeks of courtroom tussles, is a record payout for software piracy and pushed Oracle's shares up 56 cents, or 2.04%, to $27.75 in morning trading on Thursday. SAP's stock, however, went in the opposite direction, falling 74 cents, or 1.52%, to $47.95 before market open.


demanded $1.7 billion in damages

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from its German rival, although SAP, which had already admitted the theft by its

now-defunct TomorrowNow subsidiary

, offered to pay a sum closer to $40 million.

"The open questions at this point are whether SAP will appeal the verdict and whether the Department of Justice may file criminal charges in the case," explained JMP's Walravens, in a note released on Thursday. An FBI agent, he added, was frequently present in the courtroom.

A spokeswoman for the Department of Justice told


that she doesn't comment on speculation.

SAP said that it was disappointed with the jury's verdict in a statement that came out late on Wednesday. The company will "consider all available options," it added. "This will unfortunately be a prolonged process and we continue to hope that the matter can be resolved appropriately without more years of litigation."

The verdict ensures that

Oracle's firebrand CEO Larry Ellison

will enjoy a very happy Thanksgiving. Ellison, famed for his

belligerent leadership style


SAP-related saber-rattling,

was unable, however, to subpoena

former SAP CEO Leo Apotheker

, now in charge at


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, to appear at the Oakland, Calif. courthouse.

--Written by James Rogers in New York.

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