Rick Sherlund
Rick Sherlund
added appears believe clear dimension front oracle platform shift systems
We believe that there is a clear platform shift underway from earlier-generation client-server systems to more Internet-enabled client-server systems and the added new dimension of business-to-business commerce. Oracle appears to be out in front of this issue.
august compelled cost cut estimates given growth numbers oracle rates
Oracle has an August quarter, so we are more compelled to cut estimates now, ... Siebel is September, so we could wait, but the numbers just look too optimistic. Given cost reductions, the EPS cut for Oracle is small, but the growth rates for Siebel are much faster, so EPS reductions more significant.
difficulty looks pipeline turning
They said the pipeline looks strong, but they've had difficulty turning that in to revenue,
likely march questions raise strength
Intel's pre-announcement will likely raise questions about the strength of Microsoft's March quarter.
anecdotal believe capital capture catching coming data estimates falling knife magnitude results spending street year
Estimating results has been like catching a falling knife this year and we do not believe Street estimates yet capture the magnitude of capital spending constraints going into 2002, particularly considering anecdotal data coming out of Europe.
affected certainly
It certainly rippled through and affected a lot of companies.
massive open stock
I think that would take the stock down a lot. It would open them up to massive follow-on litigation.
judge progress spending time unless
I just don't think Judge Posner would be spending time on this unless they were making progress,
asking biggest block consumer delay department given justice
I think the biggest impact, were there a delay, would be on the consumer sector, but given that the Department of Justice is not asking to block the launch, it doesn't look like there'll be much of an impact.
add compete deliver given hat ibm microsoft move oracle red stack technology view
We view this favorably for Red Hat, given our view that Red Hat will need to move up the infrastructure stack and add a database, application server, portal, and integration technology to deliver an open-source infrastructure stack to compete with that of BEA , Oracle , IBM and Microsoft .
atrophy growth ibm increasing microsoft might pc platform risk robust wireless
There is an increasing risk that Microsoft might atrophy on the PC platform as IBM did on the mainframe platform, while robust growth shifts to hand-held and wireless devices,
believe business determined given monopoly operating provides systems
We believe this provides little to no remedy, given that the operating systems business is still a monopoly business as determined by the court.