Rob, I'm not so sure one should be categorizing Oracle along the same lines as the Internet Craze or tulipmania stocks. Oracle, first and foremost, is a real company with real earnings and an established track record as a market leader. I will say, however, that their strategic vision of Internet Application computing will certainly put them on the road to becoming THE dominant force in end-to-end enterprise resource planning application software. SAP, Baan, JDEC, PSFT, Manugustics,... will continue to stumble as Oracle increasingly comes to dominate ERP and RDBMS apps. Soundview's estimate of a short term to longterm mkt cap of $55 to $80B is probably on the low side. My estimate(for what it's worth) 3 to 5 years out would be in the $125-150b range. I think the press release(below) nicely captures what is just the beginning or tip of the iceberg in the ERP, RDBMS, Ecommerce mkt place. Who will be the major player(s) 5 years from now? Certainly not Baan, PSFT, JDEC, Informix, Sybase.....?????. I'll put my money on Oracle.
PR Newswire - January 11, 1999 08:16
Rey Consulting Ends Reseller Agreement With Baan
REDWOOD SHORES, Calif., Jan. 11 /PRNewswire/ -- Oracle
Corporation (Nasdaq: ORCL) today announced that Rey Consulting will
transition to focus exclusively on selling Oracle solutions. Rey Consulting made the announcement after ending its applications reseller agreement with Baan Company.
Thoughts, opinions, anyone ?
John
P.S. Their's something revolutionary about accessing one's Financial Apps through a browser with nothing but an appletviewer on the desktop. |
