Goldman Sachs on Oracle

By Ann Bednarz, NetworkWorld.com, 06/28/06

Are the customers of companies Oracle acquired warming up to their new vendor?

Goldman Sachs says Oracle's strong fourth-quarter performance indicates it has had some success relieving the apprehensions of PeopleSoft and JD Edwards customers -- who now may be more open to buying other products from Oracle.

"Systems integrators have told us that Oracle is doing a better job of reassuring customers that their investment in legacy applications will be protected, and there now seems to be a warmer reception for Oracle to cross-sell additional applications products," Goldman Sachs wrote in a research report published today.

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