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Technology Stocks : Buying IPOs on the open market

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To: Jim B who wrote (5153)12/10/1999 11:54:00 AM
From: Marq Spencer   of 5529
 
iManage (IMAN) sells content and collaboration software.
Competitors are companies like Tibco (TIBX) and Agile S/W
(AGIL). They're trading at about 100 times annualized
last quarter revenues.

4 x Q4 rev Market cap Price/annualized rev
TIBX 96 MM 7.9B 82
AGIL 28 MM 3.2B 114
IMAN 19 MM 0.74 39

iManage has some great customers - WalMart, AOL, Schwab,
Airtouch, Mariott, etc. in an exploding market segment.

Quiet period expires this weekend. This one could rock
next week.
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