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Oracle's Next Victim?

Here's a fun guessing game--who's Oracle (NASD: ORCL) gonna but out next? Tech blogger Sramana Mitra thinks it's Manhattan Associates (NASD: MANH).  It follows nicely from Oracle's recent purchase of ProfitLogic and Retek, companies that make software for the retail market:

The next acquisition for Oracle, therefore, ought to be Manhattan Associates (MANH). It’s a well-run company hadquartered in Atlanta, GA, specializes in Warehouse Management systems and the likes, claims the who’s who of the retail business as customers, and is quite a cheap deal @ $600M Market Cap. [2004 Sales: $215M; Gross Margin: $125M; Operating Margin: $93M; Net Income: $22M].

An interesting play, perhaps as the analysts are forecasting double-digit earnings growth next year.  Oh yeah, and the company has $130 Million in cash to sweeten the pot. 

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  • The Stalwart is a blog written by Joseph Weisenthal, covering such topics as stocks, business, economics, politics, technology, gambling, chess, poker, economics, current events, music, math, Chinese food, science, randomness, kurtosis, sports, evolutionary fitness, and anything else of the author's choosing. The words contained herein are the author's own, not affiliated with any other firm or employer.

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