              Séntance’t: Gracle “s offer: undérvatues ‘the company. and ‘is ‘nat  ‘in Wie Hest sitehest “oF Stockholders” "eapleSot= CEO “a  Dania saith: : s 5    *fDracle "Soffer -ndervalues. the: company: id 3 is'nt  itera af PeopleSoft: stodlholders 3. sid                               