The forthcoming earnings call should be very interesting: will oracle come clean on the layoffs and product terminations, discussed in the other threads, or will they try to bluff their way through with cheerleading. Interesting securities law and SEC enforcement issues here, if the info in the other threads is even half right. Can't wait to see. Crunch time for LE, SC, MH!
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When does the information that's apparently not being shared become material ?
No. Same story. License and HW revenue is decaying while Cloud revs are increasing. They just have to manage Wall Street expectations and beat them. These executive team is a master at that. Eventually, the Cloud will need to be a sustainable business. They are doing everything in their power to get that cloud growth and stay relevant.
Internally, I can tell you that morale is in the toilet. It's another thing the exec team will need to fix if they want to be successful. It's the only way they are going to win customers over is with employees that are passionate and believe in what the company is doing. It's the one are where the management team has been terrible. It's typical MH. If he doesn't care about the employees then Oracle is going to hell in a hand basket. Just look at what he did to HP. That man needs to find some sense of balance between shareholders, customers, and employees. It can't be one sides or everyone loses including the shareholders when the company completely goes to sh--. It's well on its way there.
LOL! What could possibly go wrong?