eWeek has a very interesting preview of an upcoming book by Karen Southwick about the past, present and future of the software company run by Larry Ellison.

Between 2001 and 2003, Oracle's revenues shrank by more than $1 billion, from $10.9 billion in the fiscal year ending May 31, 2001, to $9.5 billion in the year ending May 31, 2003. Even by 2004, revenues were still projected to be below the high-water market of $10.9 billion in 2001. While Ellison and Henley continued to blame the poor economy and the collapse in corporate spending after September 11, 2001, that reasoning was wearing thin. It was becoming obvious that most of Oracle's problems were internal, related to its loss of management at the top, its alienation of everyone from customers to partners, its conflict-ridden culture that sucks energy into the black hole of corporate politics and last but not least, the flawed personality of the Oracle himself, Larry Ellison.

A must read for Oracle customers and competitors.