Given the general confusion, it occurred during to me that some clarification for the unwashed and uneducated masses, might serve a purpose. So listen up:
Oracle is executing a classic pivot - same vision, new strategy based on what we’ve learned during the last few years (yes, it’s been a slow learning process), namely:
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Fusion was not the successful transition to the cloud we had hoped - this we exiled TK to Google so that in the future he can make mistakes at their expense not ours
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OCI-C and OCI - Seattle have likewise been abysmal failures and are likewise being shut down and their leaders executed
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MH has tough us that the tiger doesn’t easily change it spots having first destroyed NCR, the HP and now Oracle - he too is due to be executed (figuratively speaking, of course)
We have also learned what works and will do more of those things:
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Massive share buyback work like a charm in keeping up the share price - cudos to SC and billions more to be allocated - yes. Analysts are dumber than shoe laces and shareholders are not far behind
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Cloud fraud has worked great so far as well, therefore to be continued under SC’s capable leadership
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Costs cuts which eliminate competent employees buy increase EPS are a winner - more kudos and power to SC and layoffs for the rest of you
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We’re going to tell the analysts and shareholder that we’re pivoting g to the cloud yet again based on everything we have learned - those dumb--ses will eat it up like starving hyenas
Hope that helps you ignorant fools understand where things are going, not that it matter since many of you are getting RIFed but nonetheless
Over and out, your intrepid captain