SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : i2 Technologies
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: xfiles who wrote (802)10/22/1998 10:54:00 PM
From: Mohan Marette  Read Replies (2) of 2339
 
Good point,that is exactly what Prudential and Sound View guys wanted to hear from the i2 but I did get the feeling that they didn't not want to give an overly optimistic view considering the current macro economic conditions of the world economies and the CEO said it himself that he was not economists and such wouldn't want comment on as to what the world economies would hold for them and others in the future particularly next year.

I also think that is why Intel and HP and others did the same thing during their Q3 announcements.Intel actually told analysts that they did not want to give any guidance for 99 considering the present talk about world in crisis etc. If they had said anything these guys would have gone out to their offices and come out with unreasonable expectations by issuing out-of-this world estimates which in turn will come back and bite these companies in their a$# and their stock would be hit hard when the time comes.I think analysts have a tendency to blow things out of proportion in good times and bad,it is good this time around companies are more cautions giving out exaggerated guidance as some of them has already suffered the consequences in recent times.

In all fairness to i2 the CFO did say they are in the middle of working out their detailed budget for fiscal 99 and as they complete it with in a month or so they would have a better idea.

Stock may go up or down tomorrow I have no idea but the outlook certainly seems better than last time around.Even if goes down it couldn't go down much worse than it already did and things doesn't seem as bleak as it did before.Tomorrow will depend on the analyst spin meisters and their particular vested interest in the company.

I have no idea where the analysts got the 510 mil dollar figure considering the fact that it was estimated a while back,it couldn't have come from the company,probably based on some growth projections from the past when things around the world looked pretty rosy.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News