1
Tr ung Thai
Cloud computing is booming. To avoid being out of the game, Oracle spent $1.5 billion to buy RightNow Technologies, a provider of SaaS, last month. Oracle hopes this acquisition will help them quickly increase their market share about cloud computing market. At the present, Oracle is the leading provider of enter- prise software solutions. Furthermore, Oracle has a good financial health and its stock price is underval- ued. We recommend it is
a buy.
Volume 1 , Issue 1
VS
Dec, 6th, 2011
Table of Contents:
Executive Summary 1 Macroeconomic Conditions 2 Industry Conditions 4 Industry Analysis 5 Financial Statement Analysis 6
Corporate Governance 8 Fundamental Valuation 9 Trend and next product 11 Technical Valuation 12 Summary 13 References 14
The Battle on The Clouds
Microsoft hesitated
participating the
market, and even
they found the way
to prevent develop-
ment of this technol-
ogy because it
affects the PC mar-
ket and Windows
revenue. Nonethe-
less, Microsoft's
huge technology
power helped Mi-
crosoft overcome any
challenge. Microsoft
released Office 365
that is a new office
server product looks
like Office 2010 but
operated by cloud
computing. This soft-
ware and a new PC
operating system -
Window 8- will help
Microsoft achieve a
big market share in
the computer software
market. In additional,
MSFT has a solid fi-
nancial growth. We
strongly support to
buy its stock at the
moment.
2
Economic growth positively
improved in the past two years
after the global economic cri-
sis. This is presented by con-
tinue increase in real GDP.
According to the estimate re-
leased by the Bureau of Eco-
nomic Analysis, real GDP in
the third quarter of 2011 in-
creased 2.0 percent compare
with the second quarter which
raised 1.3 percent.
The GDP increase in the third...