Oracle wins PeopleSoft shareholder vote

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This is true

The problem is they think of stock price only. The problem with that is most stock holders have no idea about the company or what the correct choices should be. This in the end creates situations where going for the fast buck usually leads to the demise of the company. Upper management spends too much time worrying about the stock price and not enough time worrying about the product or customers. This leads to them making choices that lead to short time price increases on the stock but long term damage to the company and product. In this case we have a company doing well with a good product, so well in fact that the competition can only beat them by buying them and destroying the product. The stock holders see a quick return thus have no problem with it but it's not good for the company. In the end it will equal a loss of jobs and loss of a good software package.

Posted by: Arrg   Posted on: 11/22/04 You are currently: a Guest | Members login | Terms of Use

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