Thread regarding Oracle Corp. layoffs

Oracle's plan to increase stock price

Rumor has it the exec's and LE are implementing an exit strategy to wind down Oracle. It starts soon with a bump to stock dividends. Oracle has about 49 billion in cash and short term investments. It's been spending about 10 billion a quarter in stock buy backs to prop up the price. That will last for another 5 or six quarters. Next plan is to scuttle divisions, sell off assets and customer base where the profits are not high and, yes reduce headcount.

It's a two year exit strategy for everything but the core database business that will be milked as long as possible. The idea is to bump up stock price over the next 6 quarters.

No plans for new investment outside of the hail Mary for the Autonomous database.

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Post ID: @OP+X8958pu

11 replies (most recent on top)

The 3 stooges have a plan, what could possibly go wrong ! LOL!

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Post ID: @2fki+X8958pu

LE and his execs like MH “implementing a strategy” ouch! RUN!

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Post ID: @2ies+X8958pu

The MH plan workout so brilliantly at HP, just have to repeat it at oracle! What a great move by LE to have hired this certifiable genius !

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Post ID: @1hiv+X8958pu

Lets see if they bump the dividends to entice people to buy the stock like the OP says they will. The stock buy backs are part of the trump tax bill.

https://www.cnbc.com/2018/02/15/companies-buying-back-stock-at-record-pace-since-trump-tax-bill-may-aid-markets-comeback.html

Sounds plausible that Oracle may still be trying to get some additional id--ts to buy as well. Dropping / chopping / reducing is standard MH, its right out of his play book. Bump up stock and slash and burn. End result is the same whether or not they intend to wind things down

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Post ID: @1ati+X8958pu

LE is destroying oracle and his wealth through the stupid strategy pursued by the mo--ns he has hired as CEOs. Oracle’s revenues and profits have nowhere to go but DOWN, DOWN, DOWN. And cash flow will be drying up as well. So, yeah, oracle is being killed and the share value will be zero before you know it.

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Post ID: @1gtm+X8958pu

I've read some stupid posts on this site, but this...

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Post ID: @cuw+X8958pu

"Rumor has it the exec's and LE are implementing an exit strategy to wind down Oracle."

There's no way LE can divest his Oracle stock without losing most of his money, as the stock would plunge to zero as he unloads his stock. He has no choice but to stay onboard. "Winding down" Oracle means he loses most of his net worth. I don't see how that could be his plan. It is worth remembering that he gets about a billion every year in dividends. He isn't going to kill that. I think he will stay with Oracle until he kicks the bucket.

Don't confuse his serving on Tesla's BoD with his departure from Oracle. It is very common for CEO's and the like to serve on other companies' Boards of Directors.

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Post ID: @mhz+X8958pu

Winding down oracle is what they’ve been doing since 2016, so more of the same but faster is not surprising. Share price going up is delusional wishful thinking. No longer term growing cash flow, means share price going DOWN, DOWN, DOWN regardless of any short term dividend boost. What’s the terminal value of oracle? Current cash on hand plus value of businesses to be divested, which matter is not much. Look for a share price of $30 going towards $5 - the value of the remaining, declining DB business.

Shareholders as employees —GET The HELL OUT, NOW!

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Post ID: @xmu+X8958pu

Maybe they want to make Oracle private company

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Post ID: @ony+X8958pu

What is in it for me? Quit ASAP?

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Post ID: @tme+X8958pu

Sounds plausible to me,

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Post ID: @tuy+X8958pu

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