Oracle Corporation (ORCL) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Oracle Corporation (ORCL)

ORCL 184.77

-2.7%

2:46 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: muleskinner who wrote (4350)	12/11/1997 7:39:00 AM
From: EAGLE-EYE	of 19080

Yes, I'm staying out also. This is beginning to look like a IFMX or SYBASE. Being in the technology/software industry myself, I can see how the database market might be going through a slow-down. Specifically, EVERYBODY with a mainframe processor probably owns one of the major databases products. There is only so much you can sell. The saturation point is equivalent to the amount of Color Televisions a family may own. My hunch is their current "sales" is comprised of small add-on solutions and Enterprise Financial Deals. In Enterprise Financial Deals - no new products are sold. A company basically "repackage" the customers existing $$$ commitment, and count it as revenue. Example: Mr. Customer....instead of paying me $50,000 per year for the next 3 years - I'll lower the cost to $40K per year for 5 years ..... if you pay this in one lump sum. Customer saves money, and Oracle books the "business". The scary part is NO NEW SALES WAS MADE. CA plays this accounting game all the time. NOBODY buys CA-Unicenter....however, the books show sales is phenomenal. Reason: they've taken the Enterprise Financial Deals and conviently put them in the "new business" column for CA-Unicenter. The only problem with this sales stradegy is" What do you do when all your LARGE customers have all taken advantage of your great offer? And no new products are shipping? Ta-daaa! Magic! Be careful guys....I still remember in the 90's when ORCL sank to $5 because they were caught with Financial Hanky Panky.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next