July 11, 2003

Colleges Fret Over Oracle's Bid for PeopleSoft

By FLORENCE OLSEN

As the Oracle Corporation pursues its bid to buy PeopleSoft Inc., colleges that have spent millions of dollars on PeopleSoft software to manage their institutions are upset and angry. Administrators want reassurances that they have not wasted those millions if the deal goes through.

With the hostile takeover attempt now in its second month, Oracle "has not done a very good job of marketing their efforts or their motivations," says David O'Neill, director of information technology at

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