Manugistics, Inc. (MANU) Message Board

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Technology Stocks : Manugistics, Inc. (MANU)

MANU 15.45

-0.5%

3:25 PM EST

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To: Jerome A. Johnson who started this subject	1/28/2001 11:51:28 PM
From: bob zagorin	of 1670

from AMR Research "...Manugistics is buying British software vendor STG Holdings, Inc. for $6 million or more. STG makes plant-level scheduling and simulation software for mainly discrete manufacturers, a segment in which Manugistics has never been very effective. The stock and cash deal gives it a product that allows it to reach deeper into discrete manufacturing plants and, more importantly, into archrival i2 Technologies' backyard. But Manugistics is protecting itself in case STG doesn't deliver. The initial $6 million will be supplemented with up to $28 million if STG meets certain, preset revenue levels the two companies have agreed upon. STG has been successful in its homeport of Europe, but like many European vendors has had a tough time cracking the U.S. market..."

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