Even during an economic downturn, Oracle's installed base of customers continues to grow, so our revenues from license update rights continue to rise. That's the underlying strength in our business model. That's what allows us to maintain our profitability at high levels even though we increased research and development spending by 15 percent,
More Quotes from Jeff Henley:
We don't see anything for the rest of this year that looks negative at all. We think that business is going to be terrific this year.Jeff Henley
We're slowing down our growth in spending in Asia, but we're not going into a retrenchment mode. That would be stupid. We think Asia will come back eventually,
Jeff Henley
I don't think we know where the bottom is, ... We've had several quarters in a row where each quarter gets worse. We've been assuming things probably won't pick up a lot for another year or two and we try to plan our expenses accordingly.
Jeff Henley
A majority of PeopleSoft's owners are now prepared to sell at 24 per share, and we are once again requesting that the board immediately redeem the poison pill and exempt the transaction under Delaware Section 203 and allow the shareholders to sell the company they own,
Jeff Henley
The Asia Pacific market is not any better, but business in the U.S. and Europe has really bounced back,
Jeff Henley
In addition, our sales force is getting smarter about how to sell in this environment. Finally, high (return on investment) projects around e-business can only get delayed so long before management decides they need to press ahead.
Jeff Henley
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