»Click here to calculate your site FeedRank Today«
FeedRank, a newly developed algorithm for ranking RSS feeds only on RSSMicro
Click here to learn more
 4/10 Good --- www.clusterstock.com http://feeds.feedburner.com/clusterstock
Monday, June 23, 2008 --- 67 days ago http://feeds.feedburner.com/~r/clusterstock/~3/318318341/fbr_oracle_orcl_could_l
 FBR thinks Oracle (ORCL) "could likely beat" FQ4 expectations on Wednesday due to "seasonal trends that enabled the database business to put together strong results and the applications business to bounce back nicely from a disappointing FY 3Q08." FBR is also upbeat ORCL's acquisition of BEA Systems could drive future upside: ORCL expects its acquisition of BEA to be at least $0.01 to $0.02 accretive on a non-GAAP basis in the first full year (FY09). The accretion stems mainly from BEAS's highly profitable recurring stream of maintenance revenues. We estimate the accretion could be $0.04 and note that ORCL has a great track record of integrating its acquisitions and driving higher accretion than it initially suggests to the Street. Also, FBR thinks that BEA could add $20 million in license revenues to a database and middleware license business on top of Oracle's core growth: Solid database quarter. We believe ORCL should at least meet our database and middleware license estimate of $2.0 billion, which is also the average Street expectation. Our license estimate represents 15% YOY growth and does not include any contribution from BEA. We think BEA could add about $20 million of licenses. We believe database licenses benefited from growing demand for 11g, which was released last August, and continued uptake of database options such as real application clustering (RAC), enterprise manager, database vault, and audit vault. FBR mainta ... |
|
|
Recent Posts
- Toyota (TM): Chevy Volt (GM) Is A Dead Man Walking - 23 hours ago
- Foreign Investors Run Screaming From Freddie Mac (FRE) and Fannie Mae (FNM) - 23 hours ago
- Personal Income Weaker Than Expected, Spending In-Line - 23 hours ago
- McCain's VP Choice Is Sarah Palin, Say Intrade, FOX, and CNN - 23 hours ago
- First Solar (FSLR), SunPower (SPWR) To Get Clobbered In 2009, Sell After Trade Show - 23 hours ago
- Why McCain's America's Hottest Governor Palin VP Pick Is Brilliant - 23 hours ago
- Solarfun (SOLF): Tightness In Poly Market Still A Concern - 1 day ago
- Oil Tanks As IEA Pledges Release of Strategic Reserves - 1 day ago
- Republican Lobbyist's Wife Wraps Gifts In Dollar Bills - 1 day ago
- As Economy Sags, Repo Man Thrives - 1 day ago
- Lehman (LEH) Firing 1,500 - 1 day ago
- Credit Suisse Cuts Losses, Gives Up on Coca-Cola (KO) - 1 day ago
- Dodge Viper: Another American Icon For Sale - 2 days ago
- Office Depot (ODP) Still Screwed But Finally Has Enough Money - 2 days ago
- eBay (EBAY) Listings Accelerating, But Still A Sell - 2 days ago
|
|
|
Facebook Del.icio.us Digg StumbleUpon Reddit Google
Anytime
