JD Edwards CEO : There are other things we can do...

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JD Edwards has alternative futures if the worst comes to the worst and its merger with PeopleSoft collapses because of Oracle's $5.1 billion hostile bid for PeopleSoft.

"With $400 million in cash and no debt on our balance sheet, we have options," said JD Edwards CEO Bob Dutkowsky, adding that the company did not have ""a for-sale sign on our buildings out at the Denver Tech Center."

The alternatives include pursuing its own acquisitions, investing in new product lines and expanding into new markets and sectors. "We're prepared to explore any and all of those if the PeopleSoft-J.D. Edwards proposed merger were to fall through," said Dutkowsky.

He added that an another option would be to go after what he called "a whole bunch of dissatisfied, disenfranchised Oracle customers."

He declined to comment specifically on what might happen if PeopleSoft is acquired by Oracle. Oracle CEO Larry Ellison has already said he might not wish to pursue the JD Edwards merger that has been arranged with PeopleSoft.

"The next few days, weeks and months are going to take a lot of twists and turns," admitted Dutkowsky.

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