It's pretty clear they are in panic mode. They have acquired so many companies and without any real dividend the stock price will start to decline. This will put oracle in a vulnerable spot. They have to get costs down. How much did they spend on buybacks this past quarter? Investors aren't going to but many more quarters of missed targets or lowered guidance from a duo or trio that does a good talk once a year at a conference about how they are going after amazon. The perpsoterious predictions by MH. Don't they insult everyone? He's a character. He's just an execution guy for the board and side kick to LE.
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Oracle can't innovate like they used to. They are trying to buy growth especially cloud. Buying new companies and laying off staff is not a recipe for long term success. Oracle needs new leadership.
Isn't it absolutely brilliant of LE that he brought MH in from his HP exile to reduce costs and take blame for oracle's failures - his private parts are so on the chopping block! Enjoy his coming humiliation.