Oracle Preview: What's the Post-Sun Plan?
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Just a couple of months after its shock acquisition of Sun Microsystems(JAVA Quote), Oracle(ORCL Quote) investors will be looking for an insight into the database giant's long-term strategy when it reports its fourth-quarter results Tuesday.
"We continue to rate Oracle a 'buy' and believe the stock can continue to work given potential underlying positive EPS revisions, accretion from the Sun Microsystems deal, and product launches in fiscal year 2010," wrote Ross MacMillan, an analyst at Jefferies & Company, in a note released Monday.
Oracle sent shockwaves through the tech sector when it snapped up struggling Sun for $7.4 billion. ...
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