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Eric Upin

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Although we recognize that Oracle is one of the pre-eminent names in the software space and a technology bellwether, it is difficult to make an argument for the stock to move meaningfully higher over the near term, in our opinion.

This is indicative of a healthy company base and being able to generate sales from existing customers.

Given the sensitive regulatory position that Microsoft will still be facing, the company will not make a major series of acquisitions, which reduces the need for cash.

Without question this battle has been time consuming and draining. How much better could the numbers have been if management had been freed up to focus on the business and not reading legal briefs?

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