Thread regarding Oracle Corp. layoffs

Interesting Article Recommending Oracle Stock written by a convicted felon

Simply put, I am putting forward a thesis that Oracle's (ORCL) revenue CAGR will be 9% over the coming 3 years, a value not currently endorsed by many other observers. But I have seen enough and read enough to give me the confidence to suggest that accelerated growth at Oracle is here - and that most estimates are underestimating the likely operational performance of the company. That is enough for me to rate the shares a buy - it has one of the least demanding valuations in the enterprise software space.

https://seekingalpha.com/article/4436580-oracle-lengthy-transition-finally-reaching-fruition

At the end of the article I noticed an interesting note:

Bert Hochfeld is a convicted felon. He was convicted in 2012 of misappropriating funds from a hedge fund that he operated.
Disclosure: I/we have no positions in any stocks mentioned, but may initiate a long position in ORCL over the next 72 hours. I wrote this article myself, and it expresses my own opinions.

So the guy who was convicted of misappropriating funds is telling you to buy Oracle because he is taking a long term position on it.

My thesis: Why would you buy stock in a company that is last to cloud, and has its own cloud in rented data centers that is not integrated with the other major cloud providers?

Why would customers knowingly introduce serious networking and latency issues to run their mission critical apps in AWS for example and suffer the networking and latency issues to creep out to Oracle's ancient 40 year old RDBMS technology running in a rented Equinix data center?

They won't. Not now not never.

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Post ID: @OP+1bC6ZW8U

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Wonder if there is a relationship between LE and this guy.

Oracle is just one big scam. It's a scam on the outside and a scam on the inside. Having been in Oracle development for over 10 years, I do not believe the company will survive.

LE is clueless about what is going on in Oracle development. He probably sees the lawsuit against TG as some small isolated incident. When really, the behavior is throughout his development organization.

You cannot do development with corrupt management who lie about everything and have a mindset where they just want to make whatever scam they are currently running "last a few more months".

"Monkey see, monkey do". The HR lady is right. Corruption copied throughout the development organization. Dead company walking, LE, dead company walking.

Of course, LE will do nothing about it. Right, LE? Just need to make it work for a few more months, right?

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Post ID: @1mjy+1bC6ZW8U

LE and SC look like convicted fellows too...

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Post ID: @1xrt+1bC6ZW8U

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