Oracle's ( ORCL ) daylong analyst meeting shed no new light on the company's $6.3 billion attempt to buy PeopleSoft ( PSFT ). Oracle execs didn't sweeten the $19.50-a-share offer, and said they have not yet decided what they will do if PeopleSoft completes its friendly acquisition of J.D. Edwards undefined. Oracle CEO Larry Ellison did say that he will not follow the lead of Microsoft ( MSFT ) and stop compensating employees with stock options. Nor will Oracle expense options. "Expensing options is reasonable -- but Black-Scholes a method of valuing options is madness," he said. Ellison called Microsoft's new compensation plan clever, but said he will continue to compensate employees with options because he believes Oracle shares will continue to appreciate in value. Clad as usual in a stylish suit over a long-sleeved black T-shirt, Ellison couldn't resist tweaking PeopleSoft CEO Craig Conway for his vituperative reaction to the takeover offer.