Oracle’s backlog is impressive, but debt-fueled infrastructure bets remind me of telecom in the late ’90s. Demand is real — but so is the risk when leverage piles up.
Fair point. Oracle’s a sturdier beast than ‘90s telecom, no doubt. But I’ve seen leverage stories go sideways before — safe until the cycle turns. That’s the risk I can’t ignore.
Great post, that was really interesting.
Thank you very much, today I will post another one ☝🏻 don’t miss it!
I won’t !
Oracle’s backlog is impressive, but debt-fueled infrastructure bets remind me of telecom in the late ’90s. Demand is real — but so is the risk when leverage piles up.
there are no more distant things than telecom in the 90s Oracle now, its the safe bet on AI infrastructure that's only in the innings
Fair point. Oracle’s a sturdier beast than ‘90s telecom, no doubt. But I’ve seen leverage stories go sideways before — safe until the cycle turns. That’s the risk I can’t ignore.