EXHIBIT (a)(102)


                 PEOPLESOFT BOARD RECOMMENDS STOCKHOLDERS REJECT
                       ORACLE'S REDUCED UNSOLICITED OFFER

PLEASANTON, CALIF. - MAY 26, 2004 - PeopleSoft, Inc. (Nasdaq: PSFT) announced
today that its Board of Directors unanimously recommends that PeopleSoft
stockholders reject Oracle Corporation's (Nasdaq: ORCL) reduced unsolicited
offer to purchase all PeopleSoft shares for $21.00 per share and not tender
their shares to Oracle. The Board made its recommendation after careful
consideration, including a thorough review with its financial and legal
advisors, and acted upon the recommendation of its Transaction Committee of
independent directors. The Board also received the opinions of Citigroup Global
Markets Inc. and Goldman, Sachs & Co. that as of May 25, 2004 the Oracle offer
was inadequate from a financial point of view.

The Board concluded that the reduced offer is inadequate and does not reflect
PeopleSoft's real value. The Board also believes that there is a significant
likelihood that the transaction will be prohibited under antitrust law.

ABOUT PEOPLESOFT

PeopleSoft (Nasdaq: PSFT) is the world's second largest provider of enterprise
application software with 12,200 customers in more than 25 industries and 150
countries. For more information, visit us at www.peoplesoft.com.

IMPORTANT ADDITIONAL INFORMATION

PeopleSoft has filed a Solicitation/Recommendation Statement on Schedule 14D-9
regarding Oracle's tender offer. PeopleSoft stockholders should read the
Schedule 14D-9 (including any amendments or supplements) because these documents
contain important information. The Schedule 14D-9 and other public filings made
by PeopleSoft with the SEC are available without charge from the SEC's website
at www.sec.gov and from PeopleSoft at www.peoplesoft.com.

FORWARD-LOOKING STATEMENTS

This press release may contain forward-looking statements that state
PeopleSoft's intentions, beliefs, expectations, or predictions for the future.
You are cautioned that these statements are only predictions and may differ
materially from actual future events or results. All forward-looking statements
are only as of the date they are made and PeopleSoft undertakes no obligation to
update or revise them. The specific forward-looking statements relate to such
matters as the impact of PeopleSoft's combination with J.D. Edwards including
the integration, the profitability of our international operations, and the
combined Company's projected financial performance. Such forward-looking
statements are subject to a number of risks, assumptions and uncertainties that
could cause PeopleSoft's actual results to differ materially from those
projected in such

forward-looking statements. These risks, assumptions and uncertainties include:
our ability to successfully complete the integration of J.D. Edwards into
PeopleSoft and to achieve anticipated synergies; the costs and disruption to our
business arising from the Oracle tender offer; economic and political conditions
in the U.S. and abroad; the ability to complete and deliver products and
services within currently estimated time frames and budgets; the ability to
manage expenses effectively; the ability to achieve revenue from products and
services that are under development; competitive and pricing pressures; and
other risks referenced from time to time in PeopleSoft's filings with the
Securities and Exchange Commission. Please refer to PeopleSoft's most recent
annual report on Form 10-K and subsequently filed quarterly reports on Form 10-Q
for more information on the risk factors that could cause actual results to
differ.

CONTACTS

Steve Swasey
PeopleSoft, Inc.
Public Relations
(925) 694-5230
steve_swasey@peoplesoft.com

Bob Okunski
PeopleSoft, Inc.
Investor Relations
(877) 528-7413
bob_okunski@peoplesoft.com

Joele Frank/Eric Brielmann
Joele Frank, Wilkinson Brimmer Katcher
212-355-4449
jf@joelefrank.com/ewb@joelefrank.com