Jeff Henley Quotations

Solid execution in the field, a strengthening competitive position, and an improving economy contributed to results that were above expectations,

Nine months ago, we set out to save one billion dollars annually by using our own Internet e-Business applications, ... That billion dollar savings translates to a 10 point improvement in our margin.

Business continues to be extremely robust, which makes us bullish on the second quarter and the rest of the year, ... We think margins will continue to expand, and sales pipelines look good again this quarter.

Given the difficult global economy and the increasing uncertainty caused by the impending war in Iraq, we were pleased to see modest revenue and operating earnings growth in our fiscal third quarter,

I don't think we know where the bottom is, ... We've had several quarters in a row where each quarter gets worse. We've been assuming things probably won't pick up a lot for another year or two and we try to plan our expenses accordingly.

Underneath it all, if you normalize the numbers, we continue to show good growth in our license business,

Our visibility going forward remains very limited, as has been the case for the last 18 months,

Our assumption is that the U.S. economy will continue to improve, at least gradually, but technology spending will not show significant improvement probably for another six months.

It feels to us like in Q4 we hit the bottom, and if anything, demand may be getting a bit better in Q1,

The Asia Pacific market is not any better, but business in the U.S. and Europe has really bounced back,

We don't see anything for the rest of this year that looks negative at all. We think that business is going to be terrific this year.

Visibility beyond the upcoming quarter is minimal, but we continue to believe that we will see year-over-year improvements.

We have an enormous sales pipeline for both applications and technology, ... Typically that's proven to be a good indicator of how we'll do.

We're optimistic. We definitely think the worst is over and things are going to start getting better.

We're very optimistic about the third quarter and beyond, ... We have seen no slowing of our business, even though we believe that the U.S. economy and the PC industry are slowing. Our business is not at all correlated with the PC industry. We are fortunate to be in the right place at the right time.

Every shareholder we met recognized the sizable synergies involved in this offer,

did not do as well as we think it should have.

Even during an economic downturn, Oracle's installed base of customers continues to grow, so our revenues from license update rights continue to rise. That's the underlying strength in our business model. That's what allows us to maintain our profitability at high levels even though we increased research and development spending by 15 percent,

Fiscal oversight and fiscal responsibility are a huge, huge part of being a school board member. We can sit here all day long and ask Albany for more money, but if we're not spending it wisely, we don't deserve it.

There was a concern that our database business was not doing well, but it's definitely shown a significant improvement from the first half of the year,

After September, I've reflected on the campaign, and being a new father of twin boys, I really feel like I owe it to the kids in the city to give this a shot and make this district a better place.

As far as we can tell, technology spending for enterprise hardware and software remains very soft and does not appear to be improving.

A billion dollars in annual savings translates to a 10-point improvement in our margins. We did better than that again this quarter. In the first quarter our operating margin improved over last year's by 11.7 points -- from 17.4 percent to 29.1 percent.

Each quarter throughout this next year I think we should do a bit better, although we certainly don't expect any sharp improvements.

In addition, our sales force is getting smarter about how to sell in this environment. Finally, high (return on investment) projects around e-business can only get delayed so long before management decides they need to press ahead.