Oracle is a classic case of failure - flawed mental model of the management team. It's the next Kodak, xerox, wang .... name your favorite tech failure. Here today, gone in a blink of an eye
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the stock is up, for now.
this previous post (copied below) is very accurate in my observation:
Oracle's business these days seems to be to buy promising technologies and companies and promptly destroy them through cost cutting and consolidation into TK's failed development org. Generates some short term revenue though keeping WS happy. Huge destruction of cash on oracle's balance sheet that's used to prop up a failing company through purchase of short term revenue. WS too stupid to see through this nonsense
http://www.businessinsider.com/heres-the-s-x-letter-that-got-mark-hurd-fired-as-ceo-of-hp-2011-12
Gross. Just gross.
Oracle's business these days seems to be to buy promising technologies and companies and promptly destroy them through cost cutting and consolidation into TK's failed development org. Generates some short term revenue though keeping WS happy. Huge destruction of cash on oracle's balance sheet that's used to prop up a failing company through purchase of short term revenue. WS too stupid to see through this nonsense
Oracle is failing because of Hurd the Turd....
http://mimesislaw.com/fault-lines/ex-hp-ceo-mark-hurd-wins-fraud-suit-arising-out-of-his-s-xual-harassment-scandal/15878
The stock is up
Folks vote with wallets not anon posts
SC thinks that oracle's margins will go up to 80% + delusions, doesn't understand the cloud business, just wants to believe/ make shareholders and analysts believe that the future is more of the past. Clueless