Through TheFLY's Eyes: Oracle Corp.
The Huge Database Company Reports Tomorrow Night
Oracle (ORCL) reports results tomorrow night. The street is looking for $.016 versus $0.14 last year. Oracle has been on an acquisitions spree, with one of the higher profile deals being completed Siebel Systems. Soon after completing the deal, Siebel started reporting pretty good results for Oracle.
The big silicon valley powerhouses have all reported solid results recently--Cisco (CSCO), Oracle and even Sun (SUNW) showed signs of life in its latest release.
If Oracle's results are strong, it is another important data point that Silicon Valley is beginning a creditable upswing that investors should stay focused on.