Brendan Barnicle
Brendan Barnicle
betting next oracle sometime stumbling year
Oracle is betting on PeopleSoft stumbling sometime next year but that's unlikely,
billion cents earnings licenses oracle reports rip stock
If Oracle did $1.2 billion in licenses and reports earnings of 15 cents a share, the stock will rip on that,
driving earnings growth lull products
We've had this lull before the new products come, so we're going to need to see those new products driving double-digit earnings growth again.
hoped
We'd hoped to see a little more upside.
buy looking move news people reasons stock
This news could be enough to move the stock higher. People have been looking for reasons to buy Microsoft. It's still undervalued.
clearly exactly hurting investors involved market sap share taking time
SAP is clearly taking share in the applications market and that's hurting PeopleSoft and Oracle, ... This is exactly the time for investors to get involved in SAP.
asset business database huge quite though
The database business is a huge business, quite mature. That's where we need to see the growth, even though we look to the see the applications asset of the business.
created maybe strategies
They may have strategies they don't want us to know about. Maybe they're right, but they've created uncertainty around these expenses.
anyone believed expenses far gave guidance higher stock wildly
It was shocking. They gave this guidance, but the stock didn't go down much right away because no one believed it could be that far off. The expenses are wildly higher than anyone had expected.
leverage microsoft
What's interesting is that Microsoft is now more of a leverage story.
glory growth investors levels microsoft products return thinking
Investors were thinking that these new products were going to return Microsoft to the same levels of growth and profitability as it had in its glory days.
change five landscape seeing tech time
We are really seeing a change in the landscape of tech for the first time in five years.
good people quarter revenue
The quarter was very strong. If we could see another good quarter of applications revenue then that would demonstrate to people that the PeopleSoft acquisition made sense.
activity software stocks
Particularly in the software sector, so much of what's going on with these stocks now has nothing to do with the fundamentals. It all has to do with this M&A activity that's going on and the uncertainty around it.