This is what happening.
11 replies (most recent on top)
@ee Looking at O's current cash flow statement they can handle the interest. payments.
Performance obligations are not real revenue or cash. It's future commitments, if there is no enough staff to do the performance obligations Oracle is basically f.
@aj and how much is the interest alone? Do you know?
The chickens will roost at home and the fiddler fiddles.
@a3 if Clay goes I’m throwing a party in RWS
We'll know it's serious when they start cutting the lawyers.
FWIW the data centers are financed with bonds. Interest is paid regularly, but not the capital borrowed, which isn't due for many years.
Oracle's CDS is way too high.
I think everyone knows that the debt situation is pretty serious, though.
Old news. You must be new here.
@a1 We hope.
Maybe Clay can be rehired as a forward deployed engineer?
They will have to cut the headcount deep to save the data centre deal. Customer will leave Oracle due to poor customer service and delays.