The earnings numbers were fantastic for Q2, but what do they really mean? Going from 1 to 1.5 is certainly impressive, but when you consider that Oracle competitors are regularly going from 20 to 25, the numbers are not as impressive. Stock buybacks, ethics scandals, the throwing of employees under the bus, and a toxic culture will fester into greater negative numbers in following quarters.
By the way, it would be worse if customers didn't suffer from deep vendor lock-in. If the company wasn't so lucky with legacy EBS, PeopleSoft, and database customers who pay exorbitant fees for licensing and support, the situation would be worse.
The only question thus remains for existing and former employees: When is the peak to sell your RSUs and when will it be too late?