PSFT - 1999: The "Make-It-or-Break-It" Year? Message Board

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Technology Stocks : PSFT - 1999: The "Make-It-or-Break-It" Year?

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Oct 29 5:00 PM EST

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To: Lizzie Tudor who wrote (480)	4/8/1999 5:42:00 PM
From: bob zagorin	Read Replies (1) of 1274

Does PeopleSoft strategy include a buy? By Kim Girard Staff Writer, CNET News.com April 5, 1999, 12:40 p.m. PT news analysis PeopleSoft is banking its late-to-market front-office strategy on a soon-to-be-announced acquisition, analysts say. The struggling business software maker is preparing to buy a midsized front-office player to boost its offering in the competitive space and analysts say the short list of PeopleSoft's possible targets include Campbell, California-based Saratoga Systems, Austin-based Trilogy, British Columbia-based Pivotal, or Bellevue, Washington-based Onyx. Any acquisition would follow PeopleSoft CEO Dave Duffield's promise at last month's Gartner Group spring conference that the company would make a key front-office strategy announcement within the next month. The company has no further comment on any possible acquisition, said PeopleSoft spokesman Andrew McCarthy. PeopleSoft currently has partnerships with Siebel and Vantive. Last year, PeopleSoft said it intends to deliver integrated products with Vantive, a long-term rumored merger partner, and Siebel within the first half of 1999.

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