“I continue to be amazed at the situational ethics, and that part of the culture of Oracle continues on. And the Chuck Phillips thing -- it's almost like the corporate equivalent of the Stockholm Syndrome.”
“Although we have been able to meet or exceed our financial projections since Oracle launched their hostile tender offer more than a year ago, the extensive publicity of the antitrust trial during the last month of our quarter was impossible to completely overcome,”
“PeopleSoft is committed to the J.D. Edwards acquisition, ... We believe that the continued execution of our strategy will create significantly higher stockholder value.”
“PeopleSoft is in the market to provide the infrastructure for companies to build a collaborative network between their customers, suppliers and employees via the Internet.”
“PeopleSoft's strong performance in this challenging economic environment is a direct result of continued market acceptance of PeopleSoft 8 enterprise applications,”
“Oracle's offer seeks to enrich Oracle at the expense of PeopleSoft's stockholders, customers and employees, ... We believe that Oracle's proposed acquisition of PeopleSoft would stifle competition and limit customer choice.”