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Why Are Shares of Oracle Soaring?

The software giant's backlog stunned Wall Street.When I visited the Silicon Valley headquarters of Oracle (ORCL -5.05%) 25 years ago as a young technology reporter, I was dumbstruck.The stunning campus of glistening emerald towers surrounding a placid lake looked positively otherworldly to me, something akin to the Emerald City of Oz that summoned Dorothy and her ragtag gang in The Wizard of Oz. "This place looks like the future," I kept thinking.The enterprise software firm has since relocated to Texas, bu ...