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Technology Stocks : Oracle Corporation (ORCL) -- Ignore unavailable to you. Want to Upgrade?

To: BeachCrunc who wrote (10318)	4/5/1999 3:34:00 PM
From: Bipin Prasad	Read Replies (1) \| Respond to of 19080

Oracle, PeopleSoft Look For New Opportunities techweb.com (04/05/99, 12:15 p.m. ET) By Tom Stein, InformationWeek Faced with slowing growth and softening stock prices, ERP software vendors are seeking new ways to increase their business. Oracle said it plans to reach beyond its core manufacturing and financials applications by unveiling asupply-chain management product at its user group conference later this month, according to customers and analysts. PeopleSoft, meanwhile, is aiming to crack the front-office market through an acquisition, sources said. To date, Oracle has partnered with best-of-breed supply-chain vendors i2 Technologies and Manugistics. But it has been developing its own advance-planning and scheduling engine for midtier manufacturers. "WhatOracle has shown us is a lighter version of the i2 product," said David Richards, chief information officer of Rockford, a Tempe, Ariz., maker of high-end sound systems for the auto industry. The company, which implemented Oracle's financials and manufacturing applications in 1995, said it wants to improve forecasting and demand planning. Richards said Oracle's product may be cheaper and easier to use, but less sophisticated than other offerings. A big move into the front-office space is in the works for PeopleSoft, which, this week, said it expects flat first quarter revenue compared with the same quarter last year. It has partnerships with Siebel Systems and Vantive in that market, but CEO David Duffield said this week he's "exploring other alternatives." Sources said rather than develop its own customer-management software, PeopleSoft will likely purchase a second-tier front-office software vendor to quickly capitalize on this growing market