While the quarter’s financials are important, the stock performance keys off the PeopleSoft decision. A resolution will be positive one way or another.

As the database goes, so goes Oracle.

This is still one of the best software companies out there.

There’s enough maturity in the offerings from Salesforce.com now that it will open up a market opportunity beyond the early adopters.

The PeopleSoft drama is just that: drama and chatter. Investors need to adjust their antennas and focus on the underlying fundamentals of the business.