I don't know what you know about the history of Oracle but they had an opportunity to dominate enterprise software on almost every level and failed.
I don't invest in companies I haven't done extensive DD on. I believe the idea they have "failed on almost every level" is another fine example of hyperbole.
They should have held something in reserves for this weak qtr..
Your idea of good management and mine are obviously not the same. When I disagree with the management of a company, if we are not "in sync" I don't torture myself, I sell. If you feel so strongly that the company is being mismanaged, you probably shouldn't own it, it's just not worth the angst your causing yourself. I agree, Sap and Seibel are probably better investments for you.
...but more a reflection of the upturn in enterprise software than anything specific about Oracle.
Excuse me, but isn't that a part of what Oracle does, or was it some other company's enterprise software that helped Oracle's stock to rise? Or is this the rising tide floats all boats argument? Sap, Seibel, Baan, PeopleSoft, et al, are all doing so extraordinarily well that Oracle rose 100% only on their coattails. Interesting.
Every other company manages their earnings...
I believe they were "expected" to report earnings of $.16. Is that not what they did?
Cheers -
TightJacq
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