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 189.46

+2.5%

1:51 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: lml who wrote (6030)	3/10/1998 9:06:00 PM
From: Michael Olin	Read Replies (1) of 19080

I didn't get the dates from your post. Anyone who has ever bought product from Oracle knows that the FY ends May 31 (my birthday, some coincidence...). In late April/early May, the Oracle sales rep who you haven't spoken to in months (or years) calls you up and offers incredible discounts on products you are not quite sure you need, as long as you can get a PO cut and faxed to him/her before May 28/29/30. I always try to get my clients to put off new Oracle server license purchases until the end of Oracle's 4th quarter. It's like buying gift wrap and Christmas cards on December 26! So... Regardless of if the numbers for Q3 turn out to be good (and they better be or Larry is in deep doo-doo), I think that tools revenue and services revenue will be up in Q4 because the sales force is VERY motivated, there is new product to sell, the client base actually wants to buy it and it requires some help getting up to speed. -Michael

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next