Applications are the only place where you can get the type of growth to justify a premium multiple for Oracle's stock. Going forward, Oracle will get 10 percent growth out of the database side at best.
More Quotes from Michael Mahoney:
As people gain greater sophistication in using the Net, they don't need the walled garden that is AOL, ... The only reason you pay for AOL is if you think there is lots of great stuff in the garden -- but everything outside the garden is phenomenal so you don't need it.Michael Mahoney
With all that cash, if they bought software that enhances their services business, that could be an interesting strategy,
Michael Mahoney
The drive is six hours, so that's two tanks of gas in this thing, so it's pretty expensive in this thing but it's worth it.
Michael Mahoney
Nanotech is in its early stages and is influenced by lots of hype. Anyone that is investing in it now has to be aware that a payoff is many years down the road.
Michael Mahoney
CHIP can impact a lot of working families.
Michael Mahoney
The MP3 opportunity has been good but there's a lot further to go. The market hasn't fully recognized how advanced the delivery of music could wind up being,
Michael Mahoney
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