Silicon Investor (SI) -- The First Internet Community

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.

Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?

To: laura_bush who wrote (28504)	9/22/2003 3:36:19 PM
From: Lizzie Tudor	Read Replies (2) \| Respond to of 89467

re: Ellison Well, a strange set of things has happened. 1. Larry offshores virtually the entire company, 2. Larry crows about cost savings, 3. Larry starts whining and crying in local interviews saying SV is maturing and turning into detroit. Meanwhile other stocks go up and Oracle goes down. So what gives? I think the answer is that Larry in his infinite wisdom offshored himself out of a market. He thought he could offshore oracle but that his customers would stay here. They did not, they moved to india too. That means half of the US seat licenses that Larry used to count on are now given to workers in India making 1/5 US salaries or roughly equal the $$ for an oracle license. No pricing power in India for oracle, no market for productivity software when your workforce is so cheap either. Oracle had to change their pricing structure and revert to the site license which is less money and no residual income when you add users. I think a lot of executives know what is going on here and it will be interesting to see how this develops.