Not content to just crow about good third-quarter results, NetSuite (NYSE: N ) chief Zach Nelson used a recent conference call with analysts to skewer main rival SAP (NYSE: SAP ) . It's a strategy all too familiar to anyone who's followed Oracle, Fool contributor Tim Beyers says in the following video.
Nelson had plenty to crow about. Revenue at the business software maker rose 34% to $106.9 million, resulting in $0.09 in non-GAAP earnings per share. Both figures beat Wall Street targets. During the call, Nelson linked NetSuite's exceptional top-line growth to changes at SAP, which is shifting how it packages and sells a competing product called Business ByDesign.
The bluster went too far, Tim says, and is eerily reminiscent of a strategy employed by Nelson's one-time boss, Oracle CEO Larry Ellison, who also happens to own nearly 52% of NetSuite's shares outstanding.
Should investors be concerned, or applaud Nelson's aggressiveness? Tim answers this question and more in the video. Please watch now and then leave a comment to let us know what you think.
Even more disruptive opportunities for your portfolio
NetSuite is up more than 45% so far this year. Are you willing to take on a little added risk for the chance at similar gains? Motley Fool co-founder David Gardner, founder of the No. 1 growth stock newsletter in the world, has developed a unique strategy for uncovering truly wealth-changing stock picks. And he wants to share it, along with a few of his favorite growth stock superstars, WITH YOU! It's a special 100% FREE report called "6 Picks for Ultimate Growth." So stop settling for index-hugging gains... and click HERE for instant access to a whole new game plan of stock picks to help power your portfolio.