let's dig deeper into oracle's earnings with steve koenig, wedbush securities senior equity analyst. it surprise you it is falling 1% now? >> i, not really. i described the report as an okay report but against some pretty muted expectations and you know the outperformance here wasn't rally evident in the all-important language, the licenses and cloud subscriptions. that was pretty flattish, pretty much in line with expectations. so just an okay report against expectations that were pretty low. liz: well, who is giving them a run for their money? is it sales force? is it ibm getting in cloud? sap, the german software giant or sandisk which is going cloud? i just wonder, the pie is getting sliced up. it is harder to grab some of the apples in it. >> yes, you know they do have competition in all three of their business areas whether it's database or hardware or applications. you know and classically, traditionally the competition has been sap and ibm and microsoft in database but, you know, we're seeing some changes in the market and i'd say those do remain the biggest competitors by far