Manugistics, Inc. (MANU) Message Board

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Technology Stocks : Manugistics, Inc. (MANU)

MANU 15.63

+0.8%

3:59 PM EST

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To: bob zagorin who wrote (1037)	12/11/1998 3:31:00 PM
From: Techie	Read Replies (1) of 1670

-- =Manugistics -2: Cos. Decline To Comment On Rumors >MANU -- By Maria V. Georgianis NEW YORK (Dow Jones)--Manugistics Group Inc. (MANU) shares were up sharply Friday on rumors that PeopleSoft Inc. (PSFT) is interested in buying the company, according to several market sources. A Manugistics spokesman said the company doesn't comment on rumors. A PeopleSoft spokesman also declined to comment. Manugistics has been the subject of merger rumors before because of the depressed state of its stock. It hit a 52-week low of 6 1/8 on Oct. 8. In recent Nasdaq trading, the stock was up 3 7/16, or 32.9%, at 13 7/8, on volume of 3.5 million shares, compared with average daily volume of 720,100. (MORE) DOW JONES NEWS 12-11-98 03:13 PM- - 03 13 PM EST 12-11-98 Symbols: US;MANU US;PSFT Source DJ - Dow Jones Categories: I/SOF SUB/DJN SUB/DJWI SUB/DJS SUB/MMM SUB/STK SUB/TEC SUB/WEI M/TEC GEO/CAL GEO/MD GEO/NME GEO/PRM GEO/US GEO/USE GEO/USW

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