so there hired again a new SVP.. but who pays $200+/hr..? these days ..Oracle is not a consulting company... still keeping 800 people in N. America (20% managers-- on their butt daily).. if this is not a waste..then what ??? what MH is thinking now.. — read more
12 Billion buyback and not even a raise
Spending all the money for their shareholders and the top level folks, but those that actually have to deal with angry customers' frustrations(us support engineers) on bad cloud products get zilch.
Great feature on Zerohedge
https://www.zerohedge.com/news/2018-09-17/oracle-shares-tumble-after-revenue-miss
How long to get COBRA paperwork?
Wednesday is my last day (voluntary). How long does it take to get the COBRA paperwork?
"Oracle is way ahead of Amazon in cloud infrastructure technology"
So LE made this statement on the conference call. On what basis can he seriously make this claim?
Earnings Review - List the Lies
Earnings Review - List the Lies 1 -- MH - TK will be back. 2 ??
IBM sued for age discrimination, oracle next?
Industry Week: IBM is being sued for age discrimination after firing thousands. Systematically laying off older workers to build a younger workforce. Sounds like oracle to me! Bey your oracle is next on line to get sued. Another reason to sell !
More of the same....
https://www.wsj.com/articles/oracle-revenues-up-1-sending-shares-lower-after-hours-1537217573 On a conference call with analysts Monday, Oracle executive chairman Larry Ellison touted what he said was the company’s top position in ERP, or enterprise... — read more
Big miss
Google news oracle Revenue numbers were a big miss. Wall street looking at this very badly. Low growth
Another great quarter for ORCL
In terms of its segments, the company reported: Cloud Services and License Support revenues increased 3% year over year to $6.61 billion. Cloud License and On-Premise License revenues decreased 3% to $867 million. Hardware revenues decreased 4% to... — read more
Dead -- STOP the repurchases and inflating the stock. Invest in the company!!
https://finance.yahoo.com/news/q1-fy19-gaap-eps-13-200500375.html The Board of Directors increased the authorization for share repurchases by $12.0 billion. The Board of Directors also declared a quarterly cash dividend of $0.19 per share of... — read more
NetSuite
How is NetSuite doing in general. Just curious...
NATD (North America Technology Division) Customer Success Specialist Layoffs
Any updates on this? I hear that NATD was hit last week but nothing official was announced. I know there is a hiring freeze, but also heard that Oracla NATD had layoffs. Chime in if you have any info.
On LE
LE was a pre-boomer software lord. Held on to a mindboggling % of his company over 41 years. Most subsequent founders got WAY diluted. Maybe not a swell guy but a force. And a real taste for art, not just spike heels. Legacy just slip sliding away... — read more
Oracle stock slumps while rest of the tech market reaches record highs
Oracle has been a bad bet for investors, and the company isn’t doing much to make them happy. In the past year, the software giant’s stock has slumped 7 percent while U.S. stock indexes have surged to record highs, with the S&P 500 climbing 16... — read more
WSJ- all eyes on Oracle’s cloud, however hard to see
No hiding anymore
Anybody notices anything familiar here?
A Japanese company and a North American company decided to have a canoe race on the St. Lawrence River. Both teams practiced long and hard to reach their peak performance before the race. On the big day, the Japanese won by a mile. The North... — read more
TK sold all his shares...4/23,4/27,4/30,5/2,5/4... $100+ million..
and they said.."unspecified leave of absence?'...liars... === https://www.marketbeat.com/stocks/NYSE/ORCL/insider-trades/
Unofficial official layoff report 9/16/2018
No major layoffs reported this past week. Total since 6/1/2016 remains at 19,911. Ever reason to expect the Upcoming earnings call to be a depressing event. Keep looking for jobs elsewhere!
Burn baby
https://www.fairfieldcurrent.com/2018/09/16/sequoia-financial-advisors-llc-sells-95424-shares-of-oracle-co-orcl.html/amp
Better off at amazon
Oracle has a bunch of wanna-be know it alls working there. No real depth of product knowledge. If you are in sales, don’t expect to make your OTE. Expect to make your 50-65k salary and live off that. I feel really bad for anyone who works there. It’s... — read more
"Managed expenses"
In advance of Oracle's earnings report, there is an analysis in Forbes about what to expect -- https://www.forbes.com/sites/greatspeculations/2018/09/14/what-to-expect-from-oracles-first-quarter-earnings/amp/. Highlighting one key statement... "On... — read more
Customer Success Casualty?
A little birdie told me that one of her new VPs, CP, is out (already). Interesting times ahead...
Why TK quit, why Oracle doesn't have a cloud, and why you wont have a job soon...
TK quit because he realized that the Oracle cloud as its stands is pure garbage. If you don't ebelive its garbage, then you have to face facts, Oracle can not compete. Its lacks infrastructure. The only future for Oracle is to run on its software on... — read more
Oracle owns cloud computing
Oracle has been doing cloud in some form or another for more than 20 years. Others try to sing to the cloud tune but Oracle defined what cloud means and continue to drive the definition. This message perhaps isn't captured by those who don't... — read more
Buy ORCL stock shares in much quantities now please to encounter much more munificent profitings. Not story TK leavings - much cloud.
TK leaves to spending great times in family with much and has friends with LJE in close deeply personal intimate relationship. Local now next earnings reports much celebrate. Forward-looking sees Oracle replace human people with bots from remote... — read more
Why the Oracle Cloud Doesn't really exist...
Quote from LE: The interesting thing about cloud computing is that we've redefined cloud computing to include everything that we already do. I can't think of anything that isn't cloud computing with all of these announcements. The computer industry... — read more
Thought others here would appreciate this
Considering our never-ending layoffs. Of course, the greatest victims of layoffs are none other than the folks whose jobs are eliminated. But being a layoff survivor, so to speak, isn’t exactly easy. After all, how are you supposed to go about your... — read more
Even a pin size hole...
... in the evap system will trigger a code. Nuff said
Armchair analyst stock price prediction at the opening bell on Tuesday September 18?
My fearless prediction is we open the day at $42.
Perfectly said
All O does is acquire other companies. There is no vision. It's just a machine, and how we're managed as employees reflects that. Plenty of jobs in O if you look at postings, but there are little to no opportunities to grow into those positions -... — read more
Things must be dicey at the top right now
Can you imagine how bad things are in the executive suite right now? Cloud growth numbers are abysmal no matter how you cook the books. Everyone but Oracle has serious growth and good potential. Looks like Oracle should have invested in data centers... — read more
Recent History Suggests A Marked Drop After The Quarterly Earnings Report Release
Poor revenue growth, dropping return on equity, the profit margins melting, and the lackluster operating margin values... Now, this is my gut feeling as there may be a surprise announced today - I highly doubt it though - if you've followed what was... — read more
Cloud Strategy
https://www.bloomberg.com/news/articles/2018-09-12/oracle-s-kurian-is-said-to-take-leave-amid-discord-with-ellison
It's always about cloud
In case you were wondering... Oracle Corp. executive Thomas Kurian’s leave of absence, disclosed last week, stemmed from differences with founder Larry Ellison over the software maker’s cloud business, according to people familiar with the matter... — read more
The Greatest Cloud Show on Earth!! Upcoming Oracle earnings call!!
The Greatest Cloud Show on Earth!! Upcoming Oracle earnings call September 17, 2018 02:00 PM PT https://event.on24.com/wcc/r/1772831/23309A5D1BACBDEBBBC89585A0C806F9
Here's Why You Should Get Rid of Oracle (ORCL) Stock... Now
https://finance.yahoo.com/news/apos-why-rid-oracle-orcl-131201912.html .. =================================== If you are still holding on to shares of Oracle ORCL in your portfolio, it is time you dump them as chances of favorable returns in the near... — read more
Heads will roll: Rumor is more executive departures and cuts in TKs org to be announced soon
The earnings report will be Wednesday Sept 13th. Although I can't speak to earnings directly (fear of lawsuits) I can post the seeking Alpha post below. Its not the earnings report that has the top brass running about with their heads on fire, its... — read more