Oracle's Larry Ellison's smiling like a Cheshire cat and preparing to buy another couple of yachts and a M1G (Sayonara to you too!) as his company today announced both revenues and profits nicely above expectations.
He will naturally tell you that his $20bn spending spree (Oracle's, not his silly - yachts and planes don't cost that much!) is the smartest move in the Valley since Apple launched the iPod - and he may even be right!
Let's hope this doesn't spur him to go on another massive spending spree. Mind you, Microsoft's looking quite cheap right now - and with Billy Boy off saving the world...
Tuesday, September 19, 2006
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