i2 'an attractive takeover candidate?'
Shane:
I guess Truffelette was referring to this bit of news from Barrons.Landis seems serious when he stated i2 could be an attractive takeover candidate but at least he did admit i2 is very attractive as an independent company.I don't mind if this 'rumor' gets around and brings the price up of the stock up though I rather see i2 prosper as an independent company which they have been doing since inception.Like you said I very much doubt Sanjiv and the other insiders who owns a good chunk of the company will let the company go for any price but then again one never knows these things.
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Nov 7 1998 4:57PM - Bloomberg News
Uniphase, I2, Others Liked by Firsthand's Landis, Barron's Says
New York, Nov. 7 (Bloomberg) -- Uniphase Corp., PMC-Sierra Inc., I2 Technologies Inc., Level One Communications Inc. and Applied Micro Circuits Corp. are among the favorite stocks of Kevin Landis, who runs several portfolios for Firsthand Funds, Barron's reported. Uniphase, which makes the basic components needed to build fiber-optic networks, is benefiting from recruiting and keeping good researchers, while PMC-Sierra, Level One and Applied Micro Circuits will have 10 to 12 percent growth every 90 days as they supply chips to large computer makers, he said. Landis said I2 would be an attractive takeover candidate for a larger company such as SAP AG or Oracle Corp., but will also grow quickly as an independent company, the newspaper reported.
Uniphase warned analysts last week that its second-quarter earnings would be below analysts' expectations because the telecommunication laser-maker may have to halt production at a Zurich factory to switch to a plant with higher capacity. (Barron's 11/9 35 www.barrons.com) --Christopher Elser in the Princeton newsroom (609) 279-4107/shw Story illustration: To graph Uniphase's stock performance in the past year, type UNPH US
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Nov 7 1998 6:25PM - Bloomberg News
Netscape Among Favored Stocks of Integral Capital's McNamee
New York, Nov. 7 (Bloomberg) -- Netscape Communications Corp., Siebel Systems Inc., Flextronics International Ltd., Genesys Telecommunications Labs Inc. and Platinum Software Corp. are among the favorite stocks of Roger McNamee, a partner at Integral Capital Partners, Barron's reported. Netscape is still the No. 1 maker of Internet browsers, though Microsoft Corp. attempts to dethrone it and Netscape can build a substantial business in enterprise software, McNamee said. He also likes Citrix Systems Inc., Dell Computer Corp., Cisco Systems Inc., International Network Services, I2 Technologies Inc., PMC-Sierra Inc., and Cambridge Technology Partners Inc., the newspaper said.
McNamee said he doesn't like Lucent Technologies Inc., LHS Group Inc., SAP AG and Lernout & Hauspie Speech Products NV. (Barron's 11/9 35 www.barrons.com) --Christopher Elser in the Princeton newsroom (609) 279-4107/shw Story illustration: To graph Netscape's stock performance in the past year, type NSCP US
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