Business
Investor AM: Oracle needs CEO confidence
Why bother worrying about consumer confidence? After listening to Oracle (orcl) chief Larry Ellison it may be time for a CEO confidence index too.
Why bother worrying about consumer confidence? After listening to Oracle (orcl) chief Larry Ellison it may be time for a CEO confidence index too.
Oh sure, the stated reason for Oracle's third-quarter profit warning is the economic slowdown, but on a conference call with analysts Ellison kept talking about how CEOs and CFOs pulled the plug on deals at the last minute. It's not that surprising. This e-business transformation stuff isn't cheap. Full story. --Larry Dignan, ZDII