But, seriously...
Apparently, I was wrong. I really thought that Oracle's bid for PeopleSoft was just a way to instill some FUD in the ERP market and allow Oracle to gain some more momentum. Now that the bid has been raised to something more realistic, it looks like he is serious. Larry really wants to kill PeopleSoft.
With the currently declining market in ERP, that might not be a bad idea. There will certainly be some consolidation (regardless of what happens with this thing, JD Edwards is gone as an independent company). But, from the numbers I've seen, it looks more like both PeopleSoft and Oracle are losing ground. I guess throwing money at eliminating a competitor looks better than improving their own products and positioning. Maybe $6.3 billion dollars doesn't go as far in creating and promoting a solid product as it used to.