I have to believe today’s numbers will be plain bad and EPS would have been an absolute disaster without the $10 Bn share buyback this quarter. Desperate times call for desperate measures I guess. Oracle totally s---s under the mismanagement of the 3 stooges.
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looks ok no layoffs
Oracle flagged declining revenues for Q4 - what else do you need to know! Oracle is going down, down, down. And it can only afford to spend $10 Bn per Q on share buybacks to prop up EPS - soon you will see EPS declining b/c without the $72 Bn on share buybacks reported EPS would be a fraction of what it is today. Oracle EPS is a mirage, a Potemkin village.
I have to believe today’s numbers will be plain bad ...
Well, looks like you have some crow to eat.
If he who hates to lose keeps harping on AWS and repeating verbatim stuff he said months ago, that is roadmap to lose. Amazon will be off O by the end of the year.
Stock buybacks can only get you so far. https://www.marketwatch.com/story/oracle-again-rides-stock-buybacks-to-earnings-beat-2019-03-14?siteid=yhoof2&yptr=yahoo
Will stock buybacks continue: yes. Will revenue bounce along at $9B: yes. Will EPS stagnate around .70-.90 a share: yes. Will death by 1000 little layoffs continue: yes. Oracle continues to plod along, who wins? You guessed it, he who hates to lose. In fact if he can’t win the next best position is for the other guy to lose. No big layoffs, no stunning announcement of purchase. But $9B is nothing to sneeze at.
doesn't seem to be too bad. I guess we can all rest easy. no layoffs.
can we stop whining about the stock buybacks? nothing is going to change that except investors. maybe if the investors and analysts determine that ORCL is all hat and no cattle, then things will change. in the meantime, sign up for ESPP because you might as well own some stock if its going up because of buybacks. then you can go to an investor meeting and complain.
Let's just see what the numbers are. The stories that follow are always the same: some good, some bad, all depending on how you read the numbers, and what that particular analyst feels about the numbers and about the guidance given for the next quarter. its all just a game.
we definitely need some change at the top, we seem to be getting some change in dev under larry which is really interesting but is it enough? I'd say not enough yet. oracle needs to slim down into an aggressive tech company led by tech leaders