https://www.cnn.com/2018/10/30/business/sears-share-repurchase/index.html
Critics say stock buybacks are a way for executives who depend upon stock and options as a major form of their compensation to boost their pay. But it's rarely a good idea said Lazonick.
“While Oracle was and is buying back stock, Microsoft and Amazon were investing in real cloud data centers and R&D.”
This.
Now you need to ask yourself why you are still working at Sears.
You may be working your a-- off for the future of the company, but the CEO/CTO wanna-be's are busy dumping money into the stock to keep the price up because their personal finances are based on loans against oracle stock.
That's all they care about at the top. They are old agers, who just want to prop things up for a little longer before they expire. They don't care what you do. They don't care what happens within the company... hire a few more AWS people to make things look like they are getting into the cloud when they couldn't care less.
They are just using you. Oracle/Sears is a waste of your time.
While Oracle was and is buying back stock, Microsoft and Amazon were investing in real cloud data centers and R&D.
What oracle future?
Yep, just check their recently filed Proxy Statement. Pathetic legacy LE is leaving
It's all downhill from here. No investment in anything real.... just investing in LE's personal finances.