“This is a company that is now facing a very competitive landscape and the management team, rather than going quietly into that good night, is now going to spend on a costly legal battle with the government.”
“When Oracle first announced the takeover, success was more important because the applications business wasn't doing well, ... Now it's doing well enough that I'm significantly less concerned about Oracle not being able to take over PeopleSoft.”
“The corporate spending environment was better in the fourth quarter of fiscal 2004 than fiscal 2003 and yet, Oracle's application sales business declined, ... This suggests that clearly it's a company-specific problem.”
“Investors fail to appreciate is that this is one of Li's companies. Having one of the wealthiest and most influential men in China owning your company carries a lot of weight,”
“If Oracle wants to spend more money on lawyers, they should go ahead, but investors should be planning for a world where Oracle and PeopleSoft are separate, ... Unfortunately, the script of this movie ends with Oracle being disappointed.”
“If Oracle wants to spend more money on lawyers, they should go ahead, but investors should be planning for a world where Oracle and PeopleSoft are separate. Unfortunately, the script of this movie ends with Oracle being disappointed.”
