I'm so tempted to gamble long here
let's see, the options are trading bearish,
the streets expecting low .30 cent earnings,
the analyst meeting in May did not indicate
any surprises, so could this be a surprise
quarter, or just what LE hopes will be the
turn around quarter. I'm just gun shy after
getting burned on AMD for exactly the same.
my only fundemental confidence in Oracle is
as more and more large web sites discover
how unscaleable MicroSoft becomes, the more
Oracle converts we will find in their sales.
Also Cisco continues to enjoy good growth,
so Internet building is still on the uptrend.
I guess this is a make or break quarter.
was last quarter just a freak occurance?
or just the first salvo of continued lower
expectations for this company. I guess
ORCLs concession to MSFT for support of
OLE means that Oracle was feeling the
pressure of being excluded from usage in
some installations unless they agreed to
OLE support. I can understand that since
my companies accounting systems are OLE
complient, and if I wanted to tie them
into a scaleable website, I'd hate to have
disqualified Oracle because it was not
able to transactionally link with my real
time accounting systems. Maybe ORCL will
stop losing the low end to MSFT now, so this
quarter will not suprise, but ensuing quarters
may improve. Wall St was obvioulsy not very
impressed with this developement, but in the
trenches I can tell you it will make a big
difference, if Oracle begrudgingly lives
up to it's OLE support promises. I don't
blame them for dragging their feet. I have
several proprietary database engine systems
that are OLE complient, and the moment they
have to use MSFT's pipe, the system Crawls!
Gentlemen... Place your Bets! |
