My fearless prediction is we open the day at $42.
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I am M4 in SaaS Sales team. Our numbers were the worst compared YoY for 3 trailing. I have got to imagine this will have a significant impact on reporting. If I had to guess, it will come in around $42 to $43. Our Q2 pipeline is not strong at all and would think Q2 reporting will see it fall under $40.
Between $44 and $46.
15-18 seems about right. Time for Larry to retire and hand the reigns over to CRM if they'll take them. Thanks to Larry for saving Sun for a few years, but it's pretty much over... Maybe buy AMD before it's too late :)
@G-bju -- at Oracle, stock price is the leading indicator of layoffs. SC and MH manage the balance sheet and spreadsheets like a hawk. So, if MH can't grow revenue (and the stock price goes down), SC will make everyone cut costs (e.g. people) to hold margins and so the stock price will go up.
The news has to be bad, or TK wouldn't have resigned.
I say about a 10% drop. That's consistent with other drops after earnings call.
So that would be maybe $43
I don't think it's going to rise before the quarterly report. The market (DOW, SP500 and Nasdaq) is outperforming it.
Heading to $5 and then zero
Change the name of website from layoff.com to stocktip.com, have yourself some more corn cheese.
Its gonna rise with speculation and then drop dramatically...
I dont' think it will crash to 42. actually, I think it will be flat or even slightly increasing. cloud numbers will be cunningly hidden, and a good overall growth will be shown, and even some dividend.
this game will be played until we have onprem and ULA compensating cloud loss. once the game ends, then all ORCL investors will be rudely waken up, but it will be too late for many people........
I wish. That would make me more $ than my severance package ;)