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...perks like gift certificates, room upgrades and free breakfasts—but constant travelling between New York and hotel living for more than half of each week makes collecting points more than a hobby—although not officially an obsession…yet. Third, I now know that Microsoft Excel is both my best friend and my worst enemy. Never before had I been challenged into learning about a piece of computer software as if it were a new friend: it’s likes, dislikes, weaknesses and strengths. The lack of pre-professional training at Harvard tends...
...dipped its toes in the CRM market, but the results failed to impress. "They built it, and no one came," says Erin Kinikin, vice president of Forrester Research. Oracle's e-business suite, known as 11i, was plagued by early reports of bugs that turned installations into nightmares. Meanwhile, Microsoft was making inroads into the database business with its fast-growing SQL Server software. And SAP just kept getting larger. Its share of the market for enterprise applications has grown from 51% to 54% in the past year alone. By contrast, Oracle has a 15% share and PeopleSoft...
Some analysts concurred. Buying PeopleSoft, they said, would be a onetime adrenaline boost for Oracle, nothing more. The companies are not a natural fit since both are heavily invested in the back office. The only way it makes sense is if Ellison is taking a leaf from the Microsoft playbook: getting bigger, with less competition, is better. Although a combined Oracle-PeopleSoft would not rival SAP's user base, it would be in a more competitive position--and create an ever wider market for Oracle Database. "[Ellison] doesn't need PeopleSoft's products," says Reg King, an analyst...
Some of those customers are not happy with the idea of being traded like poker chips. Conway says he has received calls of support from 26 of his customers' chief information officers. The majority, he claims, were indignant enough to consider switching from Oracle Database to its Microsoft and IBM rivals. The idea of Oracle splashing out $5.1 billion on PeopleSoft also unnerved investment analysts at Moody's, who downgraded the firm's outlook for Oracle from stable to negative; however, few investors followed suit. Oracle's stock rose to $13.48 at the end of the week, up 3% over...
...After its IPO in 2000, the pair's stake was worth more than $1 billion. Palm, meanwhile, had been spun off three months earlier and was freestanding again. But the handheld market crested in 2001, when 13.3 million Palmlike devices shipped, and both firms now faced new competition from Microsoft's Pocket PC platform...