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  #1  
Old June 6th, 2003, 01:13 PM
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Arrow Oracle using ms tactics

Lol - if a competitor gets close, just attempt to purchase the company. Wish I had working capital like that...

http://www.washingtonpost.com/wp-dy...3-2003Jun6.html
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  #2  
Old June 6th, 2003, 04:05 PM
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Hey... whatever it takes.

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  #3  
Old June 6th, 2003, 05:09 PM
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The hostile bid shapes up as a "no-lose" proposition for Oracle, said SoundView Technology analyst Jim Mendelson.

If the bid is accepted, Oracle will broaden its business, he said. If PeopleSoft spurns Oracle, the offer "creates the perception that PeopleSoft is in play (for takeovers) and that could create confusion among its customers," helping drive more business to Oracle anyway, Mendelson said.

-gotta love those win/win deals -somewhere bill gates is snickering -

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  #4  
Old June 7th, 2003, 12:12 AM
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Hey if your competition annoys you just buy them, sounds good to me

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  #5  
Old June 7th, 2003, 02:58 PM
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Business scares me... the fact that companies can even do that to each other is disturbing

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  #6  
Old June 7th, 2003, 06:25 PM
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I wish I understood economics. Wait a minute, no I don't.

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  #7  
Old June 7th, 2003, 10:16 PM
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I'm with Ctb on this one, imagine working all your life to build up a business that someone with more money can just come along and buy it out from under your feet.

PeopleSoft are lucky, atleast they had the sence to sort out an antitakeover defense so they can make the decision.
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  #8  
Old June 7th, 2003, 10:30 PM
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Then don't go public with your company...

Imagine the horror... I spend all day baking an apple pie and then someone buys it!!

---John Holmes...

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  #9  
Old June 7th, 2003, 10:44 PM
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An apple pie is a bit different to a company that someone has put their whole life into.

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  #10  
Old June 7th, 2003, 11:58 PM
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Well they can only buy it if you list on the stock echange. Then everyone who has shares in your company owns a small portion of it. The board of directors, led by the CEO/Chairman of the board, make the decisions on running the company. Whoever has the most shares has the most say as to where the company goes.

If you dont want that then dont list on the share market

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  #11  
Old June 8th, 2003, 01:32 AM
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This kind of thing is bound to happen within Capitalism. There is a classic saying in Chinese, roughly "Money can make the Dead work for you" (and you thought the communists were paranoid about $). Unfortunately, I can only say that if you work for a company that gets bought, you're just unlucky.

That does raise a scary thought: would you sell your family--your son, your mother--to some business, for some quick cash? Can even the most dear things to human be bought with $?

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  #12  
Old June 8th, 2003, 01:57 AM
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Well sadly the sale of children is all to common in third world countries.

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  #13  
Old June 8th, 2003, 10:11 AM
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Can even the most dear things to human be bought with $?

Sure... try Thailand. Unfortunately, you can get anything you want there, for the most part....

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Well they can only buy it if you list on the stock echange

That's true, I suppose. But it still bothers me that purchasing and dismantling a potential competitor is a "legitimate" business practice. Maybe I'm like Eggertson and just don't understand economics though....

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  #14  
Old June 8th, 2003, 10:24 AM
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