It's tough to tell. ORCL really put PSFT in the spotlight and brought them lot's of free marketing by trying to buy them. If ORCL backs off, Larry Ellison clearly lost this battle and made a big mistake trying to go after them so in a way his back is against the wall and a way to save face (and win) is to up his bid to a point PSFT can't say no.
Another alternative is PSFT crashes and burns on their own and all of a sudden Ellison's bid looks good.
A major market selloff would add to that possibility as well.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.