PeopleSofts Conway Blames Oracle for Sales Slowdown

PeopleSofts Conway Blames Oracle for Sales Slowdown

Written By
eWEEK EDITORS
eWEEK EDITORS
Apr 26, 2004
1 minute read
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PeopleSoft CEO Craig Conway blames Oracles persistent takeover battle for sales that have been delayed or lost. The companys first-quarter revenue of $643.1 million fell short of analyst expectations and marked the first time the company has missed estimates since Oracle launched its hostile takeover in June.

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