Josh Burwick
Long/short equity, growth at reasonable price, tech, Venture capital

Chainsaw Mark Cutting Into Oracle's Marine Core As Workday Looms

Oracle (NASDAQ:ORCL) has long been admired for having a strong database offering but the cognoscenti truly appreciate their best of breed sales force that resemble sales marines, as Keith Block eloquently espoused in a leaked instant message. The culture started to change when Mark Hurd was hired by CEO Larry Ellison in September 2010 as co-President, along with Safra Catz, as member of the board of Oracle. Initially Mark Hurd garnered a stellar reputation by investors for turning around HP (NYSE:HPQ) and consistently delivering upside to estimates. However, after departing HP due to a personal scandal, Hurd's reputation became sullied. Hurd was blamed for cutting costs to benefit near-term results while causing real long-term damage

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details