Larry should just drop PSFT. PSFT is just buying JDEC customers. Its onetime gimmick is not going to be sustainable in long run. There are plenty good values around and Larry should focus on those. I would not pay more than 15 for PSFT.
Larry knows that there'll be no deal. He didn't offer 6.3B initially because he knew he might get it. He raised the bid because he knows it won't matter anymore. Watch for a big drop on PSFT price after Jul 18. PSFT knows that and try to save itself by expressing its will to consider other bidders. So why not ORCL? Anybody is fooled by that? JMO!