The year 2001, which was an exceptional year of financial performance for PeopleSoft, including record total revenue, record profit, and more than $500 million of generated cash, might have become its liability as well, as it might be quite difficult to repeat.
Building Muscles To Overcome The Rough Patch Part 1 PeopleSoft Building Muscles To Overcome The Rough Patch P.J. Jakovljevic - June 19. 2002 Event Summary At the beginning of 2001, PeopleSoft Inc . (NASDAQ: PSFT), one of the largest enterprise applications providers, ebulliently indicated its continued interest in rounding out its product portfolio through favorably priced acquisitions. Instead, the company recently unveiled a number of new products developed either internally or via alliances.