Thread regarding Oracle Corp. layoffs

Downgraded before earnings call

Ouch! It’s a rare feat for a company to get down carded the day of the earnings call, but oracle managed to pull it off. Impressive!

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Post ID: @ZCSYKC8

10 replies (most recent on top)

They did not get ready for a pivot to the oracle cloud; they’re pivoting to AWS, MSFT, SFDC, WorkDay, even SAP ... but definitely not oracle

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Post ID: @ZCSYKC8-1sge

@ZCSYKC8-1tis

"Should announce EOL for OCI anytime now."

If that happens watch for Global IT to soil themselves. They got rid of all their best techies last year in preparation to "pivot to the cloud".

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Post ID: @ZCSYKC8-1ant

If Oracle can cutover to Microsoft infra sooner than later they may have a chance. Should announce EOL for OCI anytime now.

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Post ID: @ZCSYKC8-1tis

Keep going, I’m almost there

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Post ID: @ZCSYKC8-zzg

"

Laid-off employees often become customers.

"

You are absolutely right. We know how to push customers to move to better cheapest technologies. And we are successful doing this. oracle is losing more and more on premise customers. And they are certainly not moving to orcl b---s--- cloud. you can be sure we push customers to move outside oracle. oracle has created the best anti oracle army. Now pay the price for it !

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Post ID: @ZCSYKC8-snn

The Short ration is higher than it’s been in recent memory, clearly the sharks are smelling blood in the water.

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Post ID: @ZCSYKC8-chv

I bet they really, really push that MSFT connection tomorrow. One more tiny change that will "save" the company. Still thrashing around in stage 4, it looks like.

Nothing is going to save Oracle. Customers and employees hate Oracle. Laid-off employees often become customers. It's just a matter of time for the stock buybacks to dwindle out.

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Post ID: @ZCSYKC8-fmu

downgraded before earnings call.... doesn't look good.....

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Post ID: @ZCSYKC8-unh

@asx - you keep telling yourself all these things. Let me ask you a question genius: how much longer do you think oracle can afford to spend $10 plus Billion a year to prop up the share price? And question #2: tell me what you think will happen to the share price when share buybacks go down significantly?

That’s right - consider yourself lucky if it doesn’t go down below $5 per share!

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Post ID: @ZCSYKC8-ntj

Buybacks winding down and then the wheels come off. Stock will be down by 20%...

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Post ID: @ZCSYKC8-wcw

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