ORCL is similar to GOOG. They have very lofty expectations, often fail to meet then and get slammed. Then after a few weeks, the fund managers need to re-invest into a better big cap-tech stock. They end up not finding a better stock, and so they end up piling back into GOOG citing the same fundamentals that were crystal clear when they sold.
Yep. After the last earnings miss it did go back up, albeit slowly. Not quite to the previous highs, though. I am beginning to lose patience. Two missed quarters in a row. Their business model needs tweaking and perhaps needs to get a little leaner and meaner.
Agreed, after stating that last quarter's miss was an "execution issue', they set the table for what should have been a "blowout quarter", instead they look like they lied to the analysts not once, but twice..