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PeopleSoft User Group Willing to Listen to Oracle

PeopleSoft User Group Willing to Listen to Oracle
By Maureen O'Gara
Article Rating:
February 20, 2004 12:00 AM EST
Reads:
 18,247
Recently installed Oracle president Chuck Phillips, the ex-Morgan Stanley analyst, is going to pitch the blessings of an Oracle-PeopleSoft marriage to the old JD Edwards user group Quest Direct, which invited both Oracle and PeopleSoft to explain themselves. PeopleSoft said it would give it a pass.

The meeting is set for next month. By then the Justice Department should have played its hand and if things work out true to form, the agency will move to block any takeover hostile or otherwise by Oracle, an action Oracle seems prepared to resist.

It remains to be seen whether Oracle will be fighting a two-front war. The European Union is now supposed to make its feelings known on March 11, a new schedule.

Meanwhile, just to keep things on the front burner, Larry Ellison has written a letter to PeopleSoft stockholders attacking PeopleSoft management as being selfish and greedy and reminding them that Oracle is offering them a premium.

Published February 20, 2004 – Reads 18,247
Copyright © 2004 SYS-CON Media, Inc. — All Rights Reserved.
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More Stories By Maureen O'Gara

Maureen O'Gara the most read technology reporter for the past 20 years, is the Cloud Computing and Virtualization News Desk editor of SYS-CON Media. She is the publisher of famous "Billygrams" and the editor-in-chief of "Client/Server News" for more than a decade. One of the most respected technology reporters in the business, Maureen can be reached by email at maureen(at)sys-con.com or paperboy(at)g2news.com, and by phone at 516 759-7025.

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Most Recent Comments
Ed Scott 02/20/04 07:28:25 PM EST

I believe a board that is truly responsive to its shareholders should present any reasonable offer and let us decide. They certainly may include their thoughts on the offer, or whether they are for or against it, but at least bring it to the table and let everyone decide.