Interesting to read these 2 statements on this thread,
If the predicted slowdown in the industry materializes in the first quarter of next year, i2 could be another CLFY or RMDY.
and
Apparently you are don't have long term knowledge of ITWO or have not studied enough. Which is OK.
I used to never visit this thread despite having a large position in I2 because I felt the people here didn't understand this company. Yes they have a high PE. But this is no CLFY or RMDY! Come on are you people kidding! If anybody out there wants to invest in this baby I suggest they read up on the history of ERP, the demand/supply continuum, etc. Do you realize that with I2 companies can achieve things that they have wanted to do for, say 30 years? I'll give you an example. In 1992 I was working with Fujitsu, who at that time got all their products from Japan - piece parts, finished goods, everything. Can you imagine what a mess that was? From one day to the next we had no idea what was going on in Japan. And a different timezone/currency yikes! We had this stupid EDI setup that some programmer wrote in house that did almost nothing and required 3 people, on both shores, to maintain. ERP had no solutions for us. Now, this year they both installed I2, and Fujitsu and Fujitsu Japan are now in the same domain - what a relief! Without I2, I am almost sure Fujitsu could not have exploited the declining yen to grow to 1B in revenue. IMO every, every international concern should buy I2 - otherwise - the supply chain is outta control, or they are not leveraging the benefits of it... either way non competitive.
So, how much is that worth??? More than RMDY or VNTV? You tell me?
This company has a high PE for a reason. Short term, well maybe theres an opportunity to short here and there - long term no way!
Sorry for the rambling.
Michelle
edit: this was one of the divisions of the conglomerate Fujitsu. Of course overall Fujitsu is more than 1B... but this one division I was in, about 300MM then, 1 B now thats what I was trying to say, sorry for the confusion |
