This page has been archived and commenting is disabled.
Oracle Misses Top & Bottom Line - But Who Knew It Early?
With ORCL no longer a bellwether - preferring Twitter or yesterday's IPO as an indicator of the health of the world economy - we are sure investors will simply shrug at the tech firm's top- and bottom-line miss (again):
- *ORACLE 3Q ADJ. EPS 68C, EST. 70C
- *ORACLE 3Q ADJ. REV. $9.32B, EST. $9.36B
But the big question is - who knew early!?
Oracle Corp on Tuesday said new software sales and Internet-based software subscriptions in its fiscal third quarter roes 4 percent from a year earlier.
The software maker had forecast that new software sales and subscriptions would be up between 2 percent and 12 percent in its third quarter, which ended in February. Investors scrutinize new software sales because they generate high-margin, long-term maintenance contracts and are an important indicator of future profit.
»
- 10162 reads
- Printer-friendly version
- Send to friend
- advertisements -
Everyone in the NSA.
Everyone in congress is allowed to trade on inside information.
damn meteorologists are frontrunning everything.
everyone at malasian air?
Good thing shareholders are paying Mr.Ellison for all his hard work. I wonder if they are going to book the goodwill generated from his children financing American Hustle with daddy's stock options to backfill the EPS downgrades in the morning call.
Who was the dumbass that bought the first dip?? LOL!!!
My guess would be CALPERS.
removed
Who was the dumbass that bought the first dip??
Corzine?
My guess?ThisRideNeverEnds or Jim Cramer
congress keeps their inside information on networked computers supplied by the NSA/CIA.
NSA has the most unbelievable HFT co-located machine in Bluffdale, UT. It makes Anonymous DDOS attakcs look like spam from 1998.
Feinstein's not mad about the spying, she's mad cos the CIA is front running her trades.
Yet another shining example of why we need to REPEAL ALL INSIDER TRADING LAWS.
Two sets of laws, one for "them" and the other for "us," is not acceptable in the 21st century.
Hell, can we at least publish the two sets of books? That way at least the "people" can feel like something belongs to them...
Why is no one mentioning a large collection of people at Oracle? Everything else said here is speculation. Oracle insiders....is not speculation.
Anyone need to make another payment on a Hawaiian Island. Aloha!
and EXECUTE those who profited from it!
CONgrASSHOLES.
I'll give you a hint...... They begin with a Goldman and end with a Sachs.
Middlename Ball
Those 338 days of positive trades per year don't just happen by accident!
Precisely the reason I stopped trading stocks years ago.
Yeah but, Susie Ormond recommended that everyone should be in the stock market today on PBS.
When Susie Ormond speaks, a lot of dumbasses lose their shirts.
Oh, oh! Can I answer this one?
It was the "Oracle," of course! (I've got an inside on knowing these things.)
It was probably the weather - nobody buys database or application server technology when it's cold out, but wait until the pent up demand materializes this spring!
Forget ORCL, look at the circus ADBE has gone through before the close (about 20 minutes before, to be precise). If this does not ring the alarm bell about the blatant stock manipulation, reflective of the orgy resulting from the fake money created by the Fed, I am not sure what will. I think people should know that this country is weakened by the Fed, by distorting the capital markets, the people will be losing faith in one thing that made this country great - the free market, non-corupt and transparent system we had ( i mean relatively)
virtu boyz for sure...
The essential term is the Italian virtù, which Leon Battista Alberti used in the fifteenth century for "those excelling gifts which God gave to the soul of man, greatest and preeminent above all other earthly animals." A man of virtù in Renaissance Italian, coming from the Latin virtus meaning power or capability [note that the root for the Latin word virtus is vir, the Latin word for "man"], was a man with active intellectual power to command any situation, to do as he intended, like an architect producing a building according to his design; by contrast with someone at the mercy of fortuna, of chance or luck, of the accidents of fortuitous circumstance, unforeseen and hence out of control.
The conception of the man of virtù, the virtuouso aiming at reasoned and examined control alike of his own thoughts, intentions, and actions, and also of his surroundings, points to the essence of the moral and intellectual commitments by which the Western scientific movement was generated. The conception of virtù embodied a program for relating man to the world as perceiver and knower and agent in the context of integral moral, social, and cosmological existence. The program presupposed the stability of nature and mankind and of their relations; entailed a commitment to an examined life of reasoned consistency in intellectual, practical, and moral life alike and it generated a common style in the mastery of self, or nature and of mankind alike by the rational anticipation of effects.
No worries. Janet will make it better tomorrow by announcing a monthly Oracle easing program to ensure home prices in Redwood City remain elevated.
When a butterfly flaps its wings...
I'll see your butterfly and raise you one black swan.
Pretty fucking hard to loose money when you have inside information. How about this... Get caught Insider Trading, loose your fucking head. You decide. That would curb the fucking madness of the greedy Wall Street bastards.
...but who knew? The Oracle new. Classic.
But he won the Americas Cup...that is good..
Just buy the dip, it will be back making multi year highs by months end as the NQ and ES trade through 3800 and 1900 respectively.
The real question is how many points will we shoot up tomorrow before and after the FED. I am thinking 10 ES points in the milliseconds before official release and up 30-40 by the close.
What they say specifically is irrelevant, we are going up tomorrow on the news 100% guaranteed.
Anyone in IT knows Oracle is the product which is "expensive" due to having a high license cost amd being "old tech".
Its like Microsoft - big enough to find something new to do but revinue is based on old models that don't work any more.
It departments can't wait to migrate off it.
Very few companies running Oracle can even consider migrating off of it. The man-hours would be extreme.
Once you are in, you are pretty much in. If you went whole-hog with Financials & all the other systems, you are pretty much stuck.
My own albeit anecdotal evidence up here in WNY is actually in marked contrast to what you're describing (I work as an Oracle EBS Functional Implementer). Cornell, University of Rochester and a few other very large, very high profile takeaways from Oracle by Workday just in the last few years.
I have several clients who are presently clinging to EBS 11i and are exploring the offerings from Workday or the relatively new SAAS offering from SAP (ByDesign I think it's called?). We're forecasting losing two of them this year to Workday alone because Oracle Sales is botching the licensing discussion.
For most, the cost is becoming too prohibitive and the barriers to migration aren't as high as they used to be. Hell, in the past year I've had several ERP consolidation projects (Great Plains to Oracle & JDEdwards to Oracle across the full financials suite AR/AP/GL/PO) for several large firms, completed with full CRP-to-PROD progression in under a year and weren't seven figure projects.
Oracle is losing the $100M firms, heck you could tell me they're starting to lose the $500M firms and it wouldn't surprise me. Your comment about being "pretty much in" I've found to be true when it comes to MFG firms who have the MFG/WHSE/LOG modules to contend with over & above Financials. There's definitely a lot more stickiness there because of that added complexity. Like I said, just my own experience working the biz up here in WNY.
EDIT: NYPoke, I can see you're a tech guy, and I don't really keep up with DB or hardware components of the biz. I do know there's a lot of buzz around Exadata, but don't really follow it much.
Oracle has pursued a vertical and horizontal market integration strategy with no restraints from the Federal Trade Commission. Then, they wisely box in their existing customers for revenue extraction and license term reconfiguration. (e.g. completely screwing customers based on core utilization)
This is not a market penetration strategy. It is all about squeezing blood out of any customer who has been loyal to their traditional product line. And it works, because the costs to leave...are too high, and the willingness to change is just not there with America's aging IT support staffs who've built their careers around a narrow band of technology and are not remotely interested in a resume reconfiguration.
Oracle's not the only organization who does this....they just do it better than the others and because the "public" doesn't understand the connection between their lives and Java (for example) they ignore Oracle deals much more than say United Airlines where people immediately think of "how will this impact me."
I don't disagree, as I haven't been around Oracle since the 90s. No doubt some places can head for SAP or PeopleSoft.
Just depending how much customization they have done in their current system. Maybe it is all cool these days. I've worked on some nasty projects. Maybe not a good sample size. Customization kills.
SAP used to be very pricey as well. In the 90's, you could get $150/Year with 6 months experience. Maybe the salaries came down since then. $500k/year for a good project manager.
I will take your word for it, as I have been on the outside for a while.
FWIW, the big companies would have a tough time finding a replacement. WalMart uses it. Not sure what would replace it. PeopleSoft or something similar.
However, Oracle bought a Unix system (HP?????). They rebuilt the system for a machine with something like 20 Terabytes of RAM. Very specialized. It handles most of the query work & processing. Their core DB engine runs on a separate server & handles basic I/O. Highly effecient on a large scale.
It is a very badass system. It might have competition, but I don't know of it. Heavy hitter stuff.
Medium sized companies? Good luck. You are correct, uber-expensive.
Larry Ellison has no intentions of cutting back his lifestyle.
and I wonder what that involves (ha, ha)
When your CEO is all for NSA spying, don't be surprised if your business begins to falter:
Oracle's Larry Ellison enthusiastically applauds NSA spying
Oracle CEO Larry Ellison has given his enthusiastic support for the National Security Agency's global surveillance of the internet and everyone on it.
http://news.techeye.net/business/oracles-ultra-wealthy-larry-ellison-ent...
the squid didnt have anyhting to do with it < sarc>
Looks like a big MOC sell order? Not surprised...who wants to hold equity into the barrage of earnings misses when you can sell MOC just prior, and BTFD after the fact...
That's the Fed trying to sell some of their mother fucking load of stock they own to keep these shit fucking markets up.
Down day tomorrow??? Well if that fucking cunt Yellen doesn't stop printing, it may not be.
Please. It's called reducing exposure before the results. Gawd.