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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: Uncle Frank who started this subject1/8/2002 1:03:16 PM
From: Uncle Frank  Read Replies (5) of 54805
 
Pre-announcement?

SINGAPORE, Jan 8 (Reuters) - U.S. business-to-business software maker i2 Technologies Inc said on Tuesday corporate technology spending was starting to recover after shrinking for the better part of 2001.

``We're seeing stronger (demand) pipelines than we saw in the past,'' chief executive officer Gregory Brady told Reuters in an interview in Singapore.

``There's been an uptick in companies evaluating our technology currently, compared to two quarters ago or in the last quarter.''

Brady declined to provide details, saying the company was in a quiet period ahead of the release of its October to December results on January 24.

The Texas-based company, whose software helps companies manage inventory and purchasing systems, posted a net loss of US$5.53 billion or $13.25 a share in the third quarter, compared with a loss of $756 million or $1.91 a share in the prior year.
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