I was kind of hoping that Oracle would drop the bid. My best guess is that the deal will never get approved. -Matt Kelmon

 

I was kind of hoping that Oracle would drop the bid. My best guess is that the deal will never get approved.


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This quote is just one of 9 total Matt Kelmon quotes in our collection. Matt Kelmon is known for saying 'I was kind of hoping that Oracle would drop the bid. My best guess is that the deal will never get approved.' as well as some of the following quotes.

I was kind of hoping that Oracle would drop the bid. My best guess is that the deal will never get approved.

Matt Kelmon

[Selling or spinning off the business,] would be a Band-Aid on an open flesh wound, ... The stock would move higher in the short term but the company would regret it three to five years from now. They just need to focus on how to make money from their existing subscriber base.

Matt Kelmon

It's a tricky situation, because higher borrowing costs put pressure on their ability to raise the dividend, but they could make a nominal increase.

Matt Kelmon

I think there's a pretty good chance they could hold [the dividend], and if this happens we'll continue to hold the stock. But at the first sniff of a dividend cut, we'll be immediate sellers. I think you'd see a mass exodus from the stock in that case.

Matt Kelmon

Continued cost cutting is going to help the bottom line. The company is making money in one of the worst markets and there's room for earnings to go a lot higher.

Matt Kelmon