Earnings Review - List the Lies
1 -- MH - TK will be back.
2 ??
11 replies (most recent on top)
Let’s ask a simpler question; is there anything the stooges said on the earnings call that is not a blatant lie? Me thinks not!
ORCL shares buyback would good help SK,MH and LE investments in the company..so they can offload in the future for the good price. It's called Financial Engg in Oracle terms.
The reality is oracle is way way behind in terms or market share. The most super duperist tech (which they dont have) wont catch them up. Cloud is a scale play, and oracle is not that.
Amzn
Msft
Goog
Ibm
Then all the rest...
And the space between msft and goog is huge. You really think legacy a-- oracle is going to beat goog? No way
That ORCL is an unbelievable buy and they are buying it back because of that.
Sounds like Enron, don't it?
ORCL is sinking and unfortunately I will be going down with it as my skills are non-transferable to the other tech companies out there. Yes, I painted myself into a corner.
Safra thinks the stock price is an amazing deal. Meanwhile, she cashes in her own holdings the first chance she gets.
who has an objective analysis of Oracle cloud infrastructure versus other major players? In detail, how is it "way ahead".
When asked about Kurian on the call, Hurd insisted Kurian's departure isn't expected to be a permanent one. "Thomas is a good guy, works awful hard. He's taking a break and we expect him back," he said.
- Catz noted on the call that Oracle has used buybacks to cut its share count by 8.5% over the last 12 months, and suggested the company won't be shy about aggressively using its current authorization. "[A]t these prices, with our growing cash flows, with our earnings growing like they are, it seems like an amazing deal to buy our stock," she asserted.
3 - Oracle may be behind Amazon in terms of cloud infrastructure market share, but said the firm is “way ahead” in terms of cloud-infrastructure technology, which should help it gain market share “very, very rapidly."
2 - Customers continued to buy Oracle Fusion ERP to replace their existing SAP and Workday ERP systems.