We estimate that Oracle will have to cut Siebel's operating costs by approximately...$350 million to $400 million in order to meet its previously stated accretion goals.
We believe Oracle will have to cut Siebel's operating expenses by approximately 30 to 40 percent (or roughly $350 to $400 million) in order to meet previously stated accretion goals.
We continue to believe that Microsoft's impending entry into the consumer security arena has yet to make a tangible impact on the market.
this is not new news and we do not expect any near-term fundamental impact.
The biggest issue facing the country is strategic infrastructure: ports, integrated transportation networks, problems of congestion.
We believe that this latest round of price cuts may be indicative of pricing pressure Oracle is experiencing from low-cost database alternatives such as Microsoft's newly released SQL Server 2005 and open-source offerings.
We believe the key questions surrounding Microsoft's security strategy are centered on how they plan to distribute these products, how they will structure subscription services and how they will approach license pricing,
We have been hearing that further headcount reductions among PeopleSoft and J.D. Edwards employees may occur shortly as the company begins to implement its longer-term vision for Fusion.
We expect Oracle to immediately execute a round of layoffs targeted at Siebel's back-office and administrative employees.
