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"Our ambition is to be the primary technology provider to the telecommunications industry," said...

"Our ambition is to be the primary technology provider to the telecommunications industry," said Larry Ellison during Oracle's (ORCL) FQ3 call. The remarks are fueling speculation Acme Packet is just the start of an M&A spree. Meanwhile, some on the Street are worried Oracle's software license woes could lead to pressure for its high-margin services business. Cowen: "For a long time they've held firm on pricing for maintenance ... Now that you have an ever-growing raft of [cloud] alternatives, more and more traditional customers are availing themselves." (previous)
Comments (5)
  • So Ellison is going to buy....CSCO? I guess he's given up chasing SAP around.
    22 Mar 2013, 08:11 PM Reply Like
  • How about AUDC ?
    22 Mar 2013, 08:25 PM Reply Like
  • Mabye AUDC ?
    22 Mar 2013, 08:25 PM Reply Like
  • ORCL probably pushed back orders to Q4 purposely so that they could buy back back shares at lower levels. The earnings report was not that bad. The media makes it look worse than what is as they always do, people overreact as they always do and there you go...Management sounded very confident on the conference call...Lookout for a strong Q4...
    23 Mar 2013, 12:10 PM Reply Like
  • Of course, when the fundamentals fail, use speculation to drive the stock.
    24 Mar 2013, 03:20 PM Reply Like
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