Quiet Period – Ellison mouths off again
Oracle can't divulge earnings but Big Lar can't resist boasting
You just can't keep a good man down. And you can't keep Larry Ellison quiet either. Big Lar said today that Oracle will boost spending on research, expand its sales force, but will also cut $1 billion in expenses over the next 18 months -- probably by axeing its consultancy operations. Oracle should be the "best partner" of the big five consultancy firms -- not a rival, he said. Oracle's upcoming earnings report will make it "the hottest company in town," Ellison boasted. But he declined to give details because the company is in a pre-reporting "quiet period". This is obviously a new meaning to the word "quiet" which The Register has yet to encounter. ®
Sponsored: RAID: End of an era?