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WisNorCan | 2 years ago

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.

discuss

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hsjqllzlfkf|2 years ago

Get rid of fb, enter Microsoft and Oracle

MAANGO

0xr0kk3r|2 years ago

Who is this "many" you speak of? And why are you chiding the hype machine for not including Oracle in its acronym?

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.

nailer|2 years ago

I’m still writing Oracle off. It might be profitable but it’s not influential or innovative, and because of the later it will eventually die.

heelix|2 years ago

I'm less sure about that. Back in 2007 or so, our company was gobbled up by Oracle. Part of that process, I was the propeller head they sent with the suites to be screened by Larry. Very first question: Why you wearing a suite? He knew our Java app, knew the space, and really asked good questions. One of the more intimidating interviews I've ever done.

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.

bluepizza|2 years ago

All companies will eventually die. I'm not writing Oracle off, as they don't care about innovation at all. They care about those governmental and corporate contracts that innovative companies shun.

The world is big enough for both to exist.