This C/S applications company is winning praise for its supply chain management software. Looks like an exploding industry. Does anyone know more about the competition: Red Pepper (was just acquired by powerhouse Peoplesoft) and Manugistics.
i2 has an impressive customer list. Market cap is about $740mm (at $27). Most impressive thing about it is its incredible sales growth (should be 150-200% this year). Should earn about $.45 in 1997 and at least twice that in 1998. My 12 month price target is $50 (implying a market cap of about $1,400mm). Anybody have any insight?? |
