Oracle's strange Java brew

"Interestingly, Wall Street didn't seem too upset with the deal either. Shares of Oracle were down about 2% in late morning trading Monday, a fairly mild sell-off for a company announcing a big purchase.

"Ron Muhlenkamp, manager of the Muhlenkamp fund, said he thinks the deal looks like a good fit. Muhlenkamp, who owns shares of Oracle in his fund, said that he's not overly concerned about risks tied to the deal.

""Historically, Oracle has done a decent job of integrating acquisitions when buying companies. And they are doing this deal with cash," he said. When companies issue new shares to fund acquisitions, that often dilutes the value of existing shareholders.

"Ted Parrish, co-manager of the Henssler Equity fund, which also owns shares of Oracle, agreed that the Sun deal should help Oracle, particularly because of the addition of Java."

Complete Story

Related Stories:

• The Five Biggest Changes out of Sun/Oracle(Apr 20, 2009)
• Oracle buys Sun. Is MySQL doomed? Java? Solaris?(Apr 20, 2009)
• Shuttleworth: Oracle a Litmus test for Linux, Ubuntu(Apr 17, 2009)
• A Review of OracleVM(Apr 06, 2009)
• Oracle doesn't need Red Hat. It needs Zend(Mar 25, 2009)
• Oracle is not buying Red Hat(Mar 24, 2009)
• Is Oracle Forking Red Hat Linux?(Mar 21, 2009)
• Oracle Urges Red Hat To Give Away Its Product(Mar 16, 2009)