https://www.yahoo.com/amphtml/finance/news/don-t-expect-bounce-oracle-105943545.html
7 replies (most recent on top)
My prediction is the stock price will go down under $30 by the end of next year.
"Going cheap will kill everyone."
makes very sense. Look back at the telcom industry and try to find where bigis like Nortel, Lucent, Alcatel, etc., are now.
There will come a moment where Oracle will wish that they had held onto their hardware people.
Going cheap will kill everyone.
"Cloud is a race to the bottom."
Agree. If the health care industry has the same competition, we will be paying $3.99 premium.
Cloud is a race to the bottom.
Good article. No doubt the ORCL cloud growth rate is slowing. One other thing to consider is what happens as the growth rate slows across the entire industry and AMZN, MSFT and others begin to cut prices to attract further growth.