Put that in your pipe and smoke it you naysayers...
26 replies (most recent on top)
Oracle is clearly failing every which way, just look at how incredibly bad the oracle cloud product you have to use are, expense reporting anyone? Leadership is stale and the only thing keeping the share price up is a combination of cloud washing which completely misrepresent cloud revenues and billions in share buy backs. The fair price price for oracle stock is the npv is the rapidly declining support revenues. So in other words about $10 per share before huge SEC fines.
@RiNf5vw How's the 6% now ? I hope you still own the stock, it will be awhile in the $40's as a lot of insider trading happening.
Recently Oracle approved $12 Billion in additional capital for stock buybacks could have something to do with the stocks recent rally...
Something is going on, Oracle is outperforming the market, It's up 1.4% in just one hour already. This isn't the usual run up before the quarterly report, which isn't until March,
Anyone know what's going on? Did ORCL get upgraded?
Old news, and boring news.
Good point. @RiNf5vw-2vry ... This reminding me years go, when a fairly new hired whom I mentored got her first 4% merit and promoted but yet didn't show any excitement while I got 3% with no complains. I made at least 4 times more at the time. I comforted her that, she should be happy about it since she is getting higher percentage than I did while I have been with the company way longer. I guess, it comes down to perspective if you want % or real dollars. In term of stock market, I bought some amzn a year after last recovery. I am glad that I didn't own ORCL, otherwise, my money would have stuck with orcl, instead of owning more of AMZN and bought a property as well. As an investor now, I agreed with other posters here that, 6% isn't anything to be happy about and it is short term. So far, I am not seeing what's so outstanding about Oracle technologies today other than cutting back. When technology companies cutting back, that tells you something. No talents, slow down in innovations, as simple as that. It basically scaling down from innovation to supporting/maintenance position. If both 6% of orcl and amzn, I did take amzn because of the potential value itself. This is a not a straightforward, 1 + 1 = 2 . If you would bet your own money on it, then you might understand it as you will look deeper than hearing what's from the news.
@RiNf5vw-2kqu - I like your point. Oracle not known to be an opened thinking culture like Apple, Google and Tesla. When leadership no longer have the energy to drive further, it stays where it is while everyone else gets ahead.
Actually it’s new material. Pay attn.
"Still boring...can't you come up with any new material?"
actually no, we can't. just like the old grumpy geezers that are leading this company to be irrelevant in the next 10 years.
Still boring...can't you come up with any new material?
All the youth in the new “hubs” will never change the path and direction of geezer Larry and mark and the old guard managers at Oracle. The EVP level of this company is patently White, male and mid 50’s - mid 60’s.
There are no new ideas allowed at oracle, despite the bluster of late about how “Oracle is new and modern and cloud”. Rest assured, it’s the same through and through, just new labeling. This old culture is dictating and indoctrinating to these millennialis relentlessly. They are kids — they don’t question.
There are no new ideas coming out of these kids besides party themes for after unfulfilling and increasingly disappointing work. Mentoring is a joke. More like instututionalizing to the oracle way.
The one new thing is that middle management is now an online help desk in Asia or India somewhere. Good luck getting a response that is even in correct grammar. But hey! It saves money for the old guys and gal who didn’t have a succession strategy or plan.
Oh and Oracle SaaS...same. Bought up a bunch of young talent and MarketShare, put them in the back lot with no innovation budget or leadership and 5 years later it’s a train wreck.
Anyone acting surprised at these outcomes is part of the problem.
Oracle is a giant case study about huge initial success and marketplace shifts and leadership life cycles and most importantly what NOT TO DO in Business.
It’s a miracle oracles stock is as high as it is given the facts.
In 10 years the self proclaimed oracle, Larry will be dead or in the nursing home at mt Olympus. The co-ceos will be pushing 70+ and the next tier of leaders all the same age group (boomers) will be taking turns with the tv remote. The oracle leadership is old, greedy, selfish and not aging gracefully. They do not have vision. There is no leadership anywhere in the company below the age of 55 with any ACTUAL power OR authority. LE really does DRIVE ALL the technology decisions..he’s 73. Can you imagine? Hurd is 61. Catz is 56. Kurian is 48 and aging fast.
Oracle truly on the down hill slide.
What an idiot to proclaim 6% change in Oracle stock is meaningful. What about the drop from $53 to $48 just last September (and not yet climbed back)? EVERYTHING has been about short-term stock price manipulation ... mostly indiscriminate layoffs to improve margins and borrowing $13B for stock buy-backs? Add the GOP borrowing $1.5T to lift all stocks (in an effort to the keep its wh--e mongering crook in office). With all the boosters, only 6%???? Again, what an idiot.
@RiNf5vw-2gfz - SO RIGHT!!!
Our CEO’s (we have two of them) are failing-UP.
So, we're keeping up with the Dow? Average for an American company ATM, but below average for a cloud or even just an IT company for the same time period.
And our CEOs made HOW much last year?I wish someone would pay me 9 figures for performance below most of my peers.
Boring
Hurd will be long gone well before 2020. He's just about hit the end already. I bet there are forces at work to get him moving out the door. This hub sales scam is not going to pan out. They will get rid of him.
Ok I can't resist...
Where did you study economics? A 6% increase of 2600 shares of stock priced at $50 per share gives the same net benefit as a 6% increase of 1 share priced at $1300 per share.
Should that not be... 1300/50 = 26 ?
A 6% increase of 26 shares at $50 is the same as a 6% increase of 1 share at $1300.
Personally I'd rather have 2,600 shares at $50 = $130,000 than one share at $1,300. So I think what you meant to say is 6% increase is a 6% increase of your money regardless of the stock price.
To the clown who said:
"You are happy with 6% of a $50? Look at competitors, Amazon, Microsoft, Salesforce, VMware and etc. The 6% of $50 is very different than a 6% of $1300. The stuffs that you smoking make you dumb."
Where did you study economics? A 6% increase of 2600 shares of stock priced at $50 per share gives the same net benefit as a 6% increase of 1 share priced at $1300 per share.
And that's fine for Hurd, I'm happy to get the crumbs that fall off the table.
A rising tide lifts all boats.
Sit tight, it will get to $ 80 by 2020. This is how Hurd the Turd will make his bonus. He will destroy the company to get his 100 million dollars.
It's just because the market is up in general. It will fall this year when the "cloud" revenues suddenly disappear.
You are happy with 6% of a $50 ? Look at competitors, Amazon, Microsoft, Salesforce, VMware and etc. The 6% of $50 is very different than a 6% of $1300. The stuffs that you smoking make you dumb. Oracle is milking on yesterday's technology.
How much have other tech co’s oh, like SFDC, Amazon .... gone up?
JB just a little richer than LE - lol!
To be fair, a lot of the gain has been:
1) A bounce after dipping in December
2) Riding the overall market's coattails
The quarterly report in March will tell a lot.
Oh, and you do???
The stock market just looks at the published financials. They have no idea what the internal struggles mean and most do not understand the IT industry.