Oracle is one of those companies like Microsoft which many in the tech industry wrote off years ago.
Neither one qualified for the illustrious FAANG acronym.
Ideally, when these things happen people would examine their blindspots.
Neither one qualified for the illustrious FAANG acronym.
Ideally, when these things happen people would examine their blindspots.
MAANGO
Put aside the online rags trying to grab eyeballs and look at investors. My RIA has been using Oracle in portfolios for decades: Oracle has been sitting quietly in my portfolio for over 25 years, just doing its thing being a solid stock and paying dividends. There are many other blue-chips out there that focus on providing a reliable product instead of being some sexy risky growth stock that grabs all the media attention.
The world is big enough for both to exist.
Oracle will fade into obscurity sooner. Like Tivoli or Lotus or Sun.
The nature of Oracle is they are willing to evaluate if things are working or not. They build in house, they buy where they think they have a gap. The two units will be kept somewhat separate while they compete. Eventually there will be just one. To the outside world, it is a bit of a WTF on the overlapping product list. You see the same sort of competitive, aggressive nature with their Sales folks. Hunters, not farmers. What I don't see Oracle doing is pulling a Rooster.com. They likely will figure out the 'next big thing' by making sure there is a market for it, building internally and then buying up the talent that flew just a tad too close to the sun - and make something that gives a maintenance stream. When you see them doing it, you can bet it has hit the point where it will be profitable for them.