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.
Fool contributor Tim Beyers is a member of the Motley Fool Rule Breakers stock-picking team and the Motley Fool Supernova Odyssey I mission. He owned shares of Salesforce.com at the time of publication. Check out Tim's web home and portfolio holdings or connect with him on Google+, Tumblr, or Twitter, where he goes by @milehighfool. You can also get his insights delivered directly to your RSS reader.
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