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by thiago_fm 77 days ago
It's still a company worth $400B that makes $3B of profits and not even $20B of revenue.

And full of debt from AI datacenters full of hardware with a 6 year depreciation cycle, possibly even lower depending on what NVidia releases next.

So overvalued!
1 comments
strongpigeon 77 days ago
Oracle has >$60B in revenue and $16B in net income. It doesn’t seem crazily overvalued to me? Perhaps you were looking at quarterly statements?

https://finance.yahoo.com/quote/ORCL/financials/

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thiago_fm 69 days ago
It is very, of course, if you compare it to Tesla, anything can look good.

But if you compare to other companies with similar rev/profit numbers, you'll be amazed with how cheap they are.

I don't believe Oracle has a wide moat other than its DB -- the Datacenters are mostly commodity.

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danny_codes 77 days ago
Yeah plenty of suckers are trapped by Ellison’s downward facing grass cutting blades.

It’s a sad state of affairs. I mean Postgres is right over there!

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