NEW YORK (TheStreet) -- I was recently reminded by some comments from readers that I've been on a pretty good winning streak lately.Some of my recent calls includes Pep Boys' ( PBY) stock selloff, my buy recommendations of Adobe ( ADBE) and Micron ( MU) and the ongoing struggles of VeriFone ( PAY) that we've documented for the past nine months. So why do I feel like a loser? Well, we always remember the one that got away. In this case, I missed on Oracle ( ORCL). CRM) is doing some serious damage. For that matter, I'm also inclined to believe that given the lengths that Salesforce.com is willing to go, Oracle's struggles may only be starting. Plus, given the fact that management issued lower-than-expected guidance for the next quarter, it's clear that Oracle is sensing the imminent pressure not only from Salesforce.com and IBM ( IBM) but possibly from emerging cloud rivals like Workday ( WDAY). What's also clear here is that enterprises are beginning to shift how they procure services that meet their strategic initiatives. Is Oracle falling behind? It sure seems that way.
It's also possible that CIOs have arrived at the point where it has all it needs. I'm not suggesting that the cloud/Big Data market has suddenly become saturated. But still, I'm forced to appreciate that Oracle's sales decline may be reflective of a market that has peaked. This also supports why Oracle has been actively buying into other markets. The company's $2.1 billion acquisition of Acme Packet ( APKT) and network vendor Tekelec, were two recent examples. In the meantime, the company's strong cash position will continue to present management with plenty of options to navigate this soft patch. So I wouldn't abandon the stock just yet, especially when the company just announced $12 billion share buyback program, while also increasing the dividend by 100%. Follow @saintssense