 You know, Q-Logic is a company that really competes with only one other person, and what's the name again? It gives it an E, so Q-Logic and Emulex have this duopoly around really essentially fiber channel adapters. Having said that, I think Q-Logic's done a good job, John, of broadening its base, you know, beyond. If you look behind Dave and I, you'll see the words Q-Logic, and what Q-Logic does is, they make fiber channel adapter cards and also switches, and these guys are awesome people. If it wasn't for Q-Logic, we would not be here at Oracle Open World. We are bringing you live HD coverage of Oracle Open World Monday, Tuesday, and Wednesday, in depth, all because Q-Logic stepped up and gave us half their booth and paid for the internet connectivity. We brought the cube in and we did the rest, so shout out to Q-Logic. Also, EMC, the data domain group, what's it called, BRS, backup recovery systems, that team, California-based, hard of EMC, big acquisition. They are leaders. We want to thank them for supporting us with underwriting some support for us. And Intel, and Intel. So, you know, really, really appreciate the sponsors. We can't do it without them. We love doing our independent media, organic coverage. We're not afraid to say how it is. That's how we do. That's all the angles on tech here at Oracle, SiliconANGLE.com, the reference point for tech innovations, wikibond.org, where Dave runs a research team that opens up the content model that free content wins. Open source in the research, getting collaboration from the peers, that's the future. Yeah, and you know, we've got a big team now. Right, John? I mean, we're very collaborative, and you know, we've got folks watching this stream. They'll be blogging about it. Look for the blogs, the research notes, the articles coming out on this show. We've got an analyst, Stu Miniman, is at Interop. We're covering Interop. We've got Java 1 being covered. Basically, Dave's Twitter handle is divalante. I'm at Furrier, F-U-R-R-I-E-R. SiliconANGLE is at another Twitter handle. Follow those, because we are going to be at the keynotes. I just got an invitation from Mark Benioff's team that they want us to go to his keynote. We're not sure if it's going to be streamed live or not, but we'll cover it. It's Wednesday at 10.15. Larry Ellison's keynote on Wednesday will be the one to watch. We will be bringing you live coverage of that. And Dave and I will be personally on the Twitter stream with the hashtag pound-O-O-W-Eleven. And we will bring our game to that Twitter stream. We'll bring the commentary and some fun conversation. And we're going to really analyze what Larry has to say. His keynote, Dave, we're always dynamic on Wednesday. His opening keynotes are kind of like laying out the slide pitches. Yeah, speeds and feeds, like you said. But Wednesday, he will go after some of the competition and I would predict. Maybe show a little leg, maybe. So I'm going to take a break at 3.30, because I have to go for a meeting. I'm going to let you take it on from there. I want to thank the couple hundred people, 500 people who are still hanging on with us. We had 2,000 earlier. Thanks for watching. I'm John Furrier with SiliconANGLE, Dave Vellante. We want to bring you all the coverage. Top news from around the web. Tomorrow is the big iPhone 5 announcement. Dave, here is Oracle Open World. Oracle Open World is the second largest technology show behind CES in terms of numbers in the enterprise. How many people here? 45,000. 45,000. I think 120,000 was CES. And then Salesforce.com show, Dreamforce, is getting close. I thought it was over 30,000. Yeah, so there's a whole new vibe going on for the whole of these big tech shows. So for example, you're familiar with CES. They go to Vegas, it shuts the whole city down. What they're doing out here, what Mark Benioff is doing and what also Larry Ellison is doing is essentially doing it in San Francisco by shutting down the streets, making a huge production. And what they do is they make it an event. They make it a party. They make it in an environment where people can fly out here to the event to get knowledge, do networking, do deals, and also party. I mean, they're talking about a Bloody Mary lounge on Thursday morning. They're going to be offering that. So, you know, Oracle is work hard, play hard culture. I mean, I got to, you know, as much as we're critical in Oracle and we're a watchdog on them, Dave, you know, Oracle works hard and plays hard. And, you know, the big 800-pound gorilla, but they don't hold back. A lot of parties tonight, you know, I mean, a lot of deals going down. Yeah, they do not hold back, that's for sure. And, you know, I say, like we were talking about earlier, John, they're taking a lot of what I would consider, you know, mainstream technologies, you know, columnar compression, flash of storage tiering, you know, storage offloading, taking things like that, but packaging them in a way and marketing them in a way that's very compelling and making some pretty bold claims. Many of which are true. So, top stories on SiliconANGLE.com today are right now. Most recent stories, Juniper Networks unveils networks as a service offering. We're introducing Juniper Announce JunoSphere Lab. Obviously, Juniper is a big sponsor of Java One. I broke the story on Saturday that Juniper is laying off 3% of their staff. The company confirmed that there were layoffs, had objections with my 4% number. I revised it down to three. Based on my data, 300 people are being laid off. That puts the number around 3%. PR people are trying to make me undo the new words. I made an update to the post, Dave. I'm not going to go back and correct it. I'll get the facts right, but the numbers are correct. Second story is HTC looks into security flow discovered by a blogger. So, apparently a blogger discovered a bug in HTC. So, that's interesting. So, that's on SiliconANGLE.com. And Clint Finley, our new writer, was a great post about Oracle trying to hijack the NoSQL movement with a big data appliance. So, there Clint goes into much detail about Oracle's land grab. And obviously, we have a story covering the eve of the iPhone event, Hadoop, NoSQL, big data job trends, Alex Williams starts to profile hottest jobs in the market. I was saying on Twitter yesterday that a DBA job title's going away. And as we were saying, did you hear the joke about the DBA who walked into a bar? No. A DBA walked into a bar and left. You know why? He couldn't get a table. It's a little humor there for the DBA. Oracle DBA humor. Couldn't get a table. So, NoSQL's where it's at. DBA can't find tables, so they leave. So, bottom line is NoSQL is a real deal. Oracle's validating that. And Clint Finley and Alex Williams have the stories. And again, more stories today. We got hundreds of posts going out a week on SiliconANGLE today. Sluic content going out there. SiliconANGLE.com, Wikibon.org We got two great research posts. I see a post. I just want to mention to folks, there's a post out on Trasada. Trasada's a company that was founded by Abhi Metta. Co-founded by Abhi Metta. Who announced Trasada on theCUBE. Yeah, we had him on theCUBE first at Hadoop World last October, I believe, when he was at B of A. Talking about how B of A was using big data techniques in Hadoop for a variety of different things, game changing. Abhi's very articulate. Now, Trasada basically has a platform that's a vertical platform, analytics platform, really specifically for the financial services industry. And in a way, is taking a different approach from Karma Sphere, which is a horizontal platform. So, you know, it's interesting to contrast the two approaches. Well, you know, and also a member of Bank of America came to our site, Risen and I were talking. They wanted us to take B of A off the site because they didn't officially sanction the interview. He then went on to form a startup. He's a great guy. And you know, one of the things about Abhi that points out the big opportunity and big data, and this is just my angle for all my entrepreneurial friends out there, is that the innovation around big data is so compelling that anyone can start a company from, you don't have to be a software geek to start a big data company because if you're an analyst, you have any kind of analytical or quantitative analysis and know an industry, you can leverage big data and change the world. And that is a new trend that, quite frankly, was not really available before you'd be a hacker. Now with big data, you can innovate on analytics and have a speed advantage. You can actually create a lot of value. So Abhi pointed that out and said in the financial services area, he's going to be specific about adding value there and helps his focus. You know, we've been talking about this now for quite some time how data and information is the next source of competitive advantage. Or maybe I should say lock in. It's really not lock in. Maybe it is, maybe it isn't. But, you know, for years this industry has been focused on, you know, operating systems. So Dave, what's going on in the stock market these days? What's the stock market doing today? And what's EMC, VMware? What's our companies that we like doing today? You know, the market just across the board got crushed. You know, again, European woes, concerns about double dip inflation. I'm serious about October. That's what happens in the market. It drops in October. And you could tell, you know, toward the end of the summer, this market didn't want to go up. You know, and it was just sort of waiting for events. And now we're here in October. And I think it's going to be pretty rocky here for a while. But, you know, Cisco was down, EMC was down, Apple's down, almost seven points. ExxonMobil, of course. FusionIO down half a point. You know, Dell down, only a quarter point. I mean, you know, bad day for the market. And you know, I would expect more. The NASDAQ is now trading around 2,300 at the peak of March of 2000. It was, let's see, right around 5,000, wasn't it? So it's below. It's below where it was. I am so bearish on the stock market. I just think that Wall Street is screwed. I think the system is so effed up beyond all recognition. Totally foobard. However, tech is booming, okay? And I see technology sector really going to change the game in this IT economy globally. I think we're at the dawn, Dave, of a new generation of culture that absolutely is going to use tech, as Bill Schmarzo pointed out, to solve problems from peace, hunger, energy, lifestyle. And you talk about user experience. I truly see the signs that, although it's very bubble-ish, but it comes like Airbnb and Groupon, that we are going to see a technology boom unprecedented. We just got to get the government in the right direction. Can't be socialistic. It's got to be marketplace-driven, and we need lower taxes, again, off my soapbox. But tech, Silicon Valley right now, is booming. It's frothy, but real innovation, real profits being made, and the enterprises are making a huge comeback right now. And we, by the way, we called it at EMC in May 2010. I wonder if I could get your take on this, John. I mean, you remember the dot-com boom, and the stock market was ugly after that, and tech especially. I mean, you had companies like EMC and NetApp who got completely crushed, and then the Google IPO sort of created the Next Wave, Web 2.0, social media, right? Yeah, man. A lot of good stuff started to happen. I mean, in that period from housing boomed, you had a run. No, I don't think now. There's been no run, Dave. No, from, we mean no run. From 2003, when we came out of that tech bubble burst through 2007, the stock market ran up like crazy. My question is, what about a Facebook IPO? Do you think that would have a similar effect or a greater effect? Because you don't seem to think Google's IPO had an effect. You know, I'm kind of a seat in my pants, economists. You know, I've been trained in business, masters in business, so I have the requisite experience to kind of read the tea leaves. But more of my gut feelings, I'm not an expert, talk to other economists. I just feel like the economy is dragging along where the IPO by Facebook might not be a game changer. We're seeing people pull their S1s right now. They don't want to go public. Right now, it used to be when you went public, it was to raise money. You sold shares to the public because there was no other buyers of funding. So you sold shares to the public and raised like 20, 50, maybe if you were really good back in the hey days, like Netscape, $100 million. Now, you know, box.net just raised $100 million. I mean, box.net is file sharing with the front end. I mean, it's just early getting out there. Great product approach, love box.net, but come on. $100 million, why would they want to go public? Now, I think they're going public because of all the PR they're doing, but that's another story I'll explain later. Living social, Groupon, these companies, these Twitter, they're raising hundreds of millions of dollars. Why would they want to go public? Facebook, I think, is sitting there going, why do I want to go public? See, when you go public, you've got all kinds of regulations. You've got Sarbanes-Oxley. You have to bring your books to the street. You've got to disclose. It's a real pain in the ass to go public. So, you know, if you've got liquidity in the private market like they do now, which is very liquid, I mean, a founder can get a company up and running in two years, or less than two years, and literally take five to $10 million out and put it in their pocket. Why would I want to go public? So, to me, public offering makes no sense at all. You know, we should have this discussion with David Flynn. I think he's coming on tomorrow. You know, Fusion IO went public. You know, presumably- Are they have any lawsuits against him yet? Class action lawsuits? So, you know, I mean, I'm not poo-pooing public art. I just think that there's no real public window. It's great for all the investors to get liquid in the public offering, but if you don't have to go public, why would you go public? Staying in private is so much better. Is there an asymmetry between the public values and the private values? In other words, the private values keep going up and up and up, you know? Stock market drops, but the private values keep soaring, whether it's- Well, I mean- The only- Flash. The private market and the public market is that on the liquidity side, it's lopsided. There's no real marketplace on the liquidity. So, the point is, when you have publics buying shares, selling and buying shares, you have a market to manage the price expectations. What's happening right now is that you have a irrational market because there's not enough buyers and sellers. So, in these private liquidation events in the secondary markets, like, there's only a few people buying. So, it literally is whoever's holding the potato at the end of the day is screwed. The people who are selling win. So, you know, that's how it works. So, I'm all for people taking money off the table. I just think that, you know, why go public if you can get liquidity for your employees? The Airbnb fiasco this past week was a big problem because only the founders were taking money. That was a big problem. And the founders taking money is not cool because that means the employees get screwed. So, you know, to me, it's about equity with the employees. If you want to take money off the table, that's cool, but do it for everybody. Don't just put it in the founder's pocket. Yeah, well, definitely I want to have this discussion with David Flynn and ask him how life is as a public company. I mean, they crushed their first quarter. That's good. And like I said to him, would you just do that a hundred more times, you'd be good. Because the pressure is incredible, right? Yeah, I mean, I don't know. I'm not, I just, that's my opinion. I think if there's a robust public market with fairness, that's cool regulation. I'm not a big believer of too much regulation, but then again, look at all the criminal corruption going on all over the place. And so it's frightening out there. Let me ask you another question. What do you think, you were very outspoken. You have been a number of cube gigs about the DOJ's impact on Microsoft. And I happen to agree with you, some don't, but I think you've spot on. The DOJ handcuffed Microsoft and put some pressure on them such that they couldn't work freely. Do you think the DOJ might be doing something similar in the next couple of years with Oracle? Yeah, they're, no, they're doing it with Google. No, with Oracle. Maybe Oracle has not shown a lot of market power in a very negative way. I think they're just a big, big monster gorilla and they take what they want. It's like a race to Larry. He's got his boat model, right, mindset. Win the race, win the day, collect the trophies, right? So that's Larry's model, get the trophies. And he's got son, HP will be next. That's my prediction. If HP doesn't get their shit together. I think what the government's doing that I'm kind of watching carefully is how they're handling Google. Google is under tremendous regulation pressure by the government. That's one of the reasons why Larry Page took over on the product side to kind of clean that mess up. And then Eric Schmidt took the role as ambassador because Schmidt's out there glad handing the policy side making sure that Google doesn't get screwed like Microsoft did. Microsoft's biggest problem was during the late 90s no one was mining the store down in Washington D.C. So a little mob was formed and they came down and shook down Microsoft and Bill Gates was there. Now, I'll tell you right now, my little trivia is I was the one who told Bill Gates to his face that Janet Reno announced the indictment of Microsoft. I was actually standing next to John Markoff and Steve Levy of then Newsweek. And I said, Bill, I just saw in my room that the agenda conference in 1997 or whatever year it was, 97 I think it was. He ran all his cronies gathered. They ran out of the hotel. Watching Bill Gates run like that. He was blindsided. That was game changing.