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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: pater tenebrarum who wrote (100660)5/8/2001 10:12:55 PM
From: John Pitera  Read Replies (2) of 436258
 
Here is Josephthal on friday saying they feel 70-75 is "fair value" for ITWO....
I see that as being a PE of 300 on 2002 earnings.

04-May-01
12:17 ET i2 Technologies (ITWO) 23.90 +1.41 (+6.3%): -- Update -- Before the open, Josephthal & Co upgraded to STRONG BUY from Buy based on: 1) increased confidence that revised guidance will met, based on recent changes in company's sales model; 2) shares favorably valued relative to those of leading competitor; 3) a potential increase in the company's long-term growth rate; 4) management changes should provide more effective interaction with investors... Thinks a fair valuation for the stock is between $70 and $75.
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