| T.R | Title | User | Personal
Name | Date | Lines |
|---|
| 348.1 | Gotta' Have a Copy | MAIL::DUNCANG | Gerry Duncan @KCO | Tue May 09 1989 19:47 | 3 |
| How can I get a copy of this report. I need four copies ASAP.
--gerry
|
| 348.2 | Go right to the source... | MERIDN::MATTHEWS | A High Std. of Standardness! | Wed May 10 1989 15:00 | 5 |
| Since it is a copyrighted report, I suggest that you talk directly
to Paine Webber. The author is Robert Therrien of their Technology
Group (his phone number is (212) 713-4921).
Geo.
|
| 348.3 | 200$ and its yours | EIGER::OLLODART | Expatriate | Wed May 10 1989 15:43 | 17 |
| I took your advice and called. He laughed and said "Oh you want
THAT article...." and transfered me to Andy Winton who promptly
wanted $200 dollars for the artical. Is it really worth it ?
If you want it:
Pain Webber
Attn: Andy Winton
1285 Avenue of the Americas
9th Floor
New York, New York
10019
Enclose a check for 200.00
Peter
|
| 348.4 | Maybe Digital should get a "master" copy | MTA::NG | Thomas K. Ng, NYFD, 334-2435 | Wed May 10 1989 18:44 | 4 |
| Can Digital get a "master" copy with the right to re-distribute it? I know
it will cost a bundle, but I think it'll help in competitive situation.
Thomas
|
| 348.5 | Is the article worth it? | HGOVC::DEANGELIS | Tie me kangaroo down sport | Thu May 11 1989 07:43 | 5 |
| Didn't PW also suggest last year that Oracle's financials looked
"unattractive" but thay still came up with approx. 90% profit? Is
credibility an issue here or have I got my wires crossed?
John.
|
| 348.6 | Here's the Cliff Notes version of the report | MERIDN::MATTHEWS | A High Std. of Standardness! | Thu May 11 1989 23:59 | 73 |
| Due to popular demand, here are the major sections of the Paine
Webber report on Oarcle, along with the major themes:
Recent financial performance (net cash position negative, days
receivable increased from 144 to 123 days)
DEC's bundling of Rdb bad news for Oracle (Oracle's comments about
Rdb sound like the incorrect and self serving comments about DB2
made by Cullinet in 1985; track record of Rdb enhancements is quite
impressive and Rdb developers have access to new hardware designs
which Oracle does not have)
Short term results obscure underlying problems (net cash position
(cash minus debt) has dropped sharply, receivables account for more
than income and distancing revenue increases)
Cullinet 1985 vs. Oracle 1989 Similarities and Differences (big
chart and text)
Bad idea to find solace in buying intention data (PWebber believes
that the bundling of Rdb will force massive changes in industry's
pricing structure and will slow the customer's sales cycle
considerably - just like DB2 in 1985)
The holes in Oracle's "hardware independence" argument (trading
hardware dependence for software vendor dependence, sights the
following points:
1. shortage of financial resources
2. not-so-friendly proprietary software
3. questionable commitment to upgradability
4. timeliness of upgrades)
Increased competition from other quarters (IBM, RTI, Sybase,
Ashton-Tate, Cullinet)
Product problems (sights the following points:
1. Oracle's SQL*Plus is a poorly designed language - not compiled,
no loop structure
2. PL/SQL appears to be incompatible with SQL*Plus - no transparent
upgrade path
3. "Two database strategy" - process architecture evolving to server
architecture
4. Tool set weak - "just because a vendor says its tools are
world-class doesn't make them world-class"
5. Version 6 is late; its reportedly buggy in VAX Clusters.
6. Weak distributed processing - works in query mode only,
implementation is very slow
7. Time-to-market concerns - an unfocused and too diverse set of
hardware platforms)
Earning outlook and recommendation
Long term outlook- "If Digital and IBM are successful with their
strategies (or even simply force Oracle's pricing lower), Oracle
will be forced to emphasize the worksdtation market, where we believe
its product is unsuitable. We have this view for two reasons. First,
PCs are the most popular workstation. Oarcle's PC product is both
unfriendly and needs more than the standard 640K configuration to
run. In addition, workstations need to connect to the VAxes, other
minis, mainframes, and PC database servers - mostly platforms where
hardware vendors and/or other third parties have what we believe
are either better or more cost effective solutions than Oracle."
|
| 348.7 | ...Working | QUILL::BOOTH | What am I?...An Oracle? | Fri May 12 1989 19:47 | 3 |
| We are working on getting reprints.
---- Michael Booth
|
| 348.8 | Can't fault these FY89 numbers | NUTMEG::SILVERBERG | | Thu Jul 13 1989 16:28 | 47 |
|
ORACLE Corp. results for their latest fiscal year are:
4th QUARTER
-----------
FY88 FY89 Increase %
------ ------ ----------
REVENUES: $104.2M $215.9M 107%
NET INCOME: $ 19.1M $ 33.5M 76%
AVG. SHARES: 133.1M 136.1M 3%
EPS: $ .14 $ .25 79%
FISCAL YEAR
-----------
FY88 FY89 INCREASE %
------ ------ ----------
REVENUES: $282.1M $583.7M 107%
NET INCOME: $ 42.9M $ 81.8M 91%
AVG. SHARES: 132.9M 135.1M 3%
EPS: $ .32 $ .61 91%
***Note: All numbers adjusted for 2-1 stock split in June 1989
Regards,
Mark
|