Oracle Investors Like What They're Hearing

Phillips was a little more forthcoming on Oracle's own technology, explaining the firm is planning a major launch of its middleware, which connects different software packages and applications.

"We are rolling out a major new release next week called Fusion Middleware 11G," he explained. "We'll launch that in Washington, DC and eight other cities around the world and then we'll follow-on with a tour in 107 cities."

Other new versions of the Fusion software are expected during this fiscal year, according to Patrick Walravens, an analyst at JMP Securities, who maintained a "market perform" rating on Oracle on Tuesday.

"We expect investors to focus on the Sun acquisition and its margin implications, the introduction of the new Fusion applications set for delivery next year, and how fast Oracle can get the compensation plans out to its sales force for the first quarter of fiscal 2010," he wrote, in a note.