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Technology Stocks : i2 Technologies

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To: cm who wrote (898)11/9/1998 12:05:00 AM
From: Lane  Read Replies (1) of 2339
 
Great article cm. I was looking at ML research on i2 and they basically reduced their rating on the stock because of the guarded outlook that management gave at the end of their conference call. Said that things sounded great up until the end of the call. Guided margins down (ML now expecting 10% instead of 12.5ish as I recall) and felt that they would suffer a rash of earnings estimate reductions because of those conference call statements. They have a neutral rating over the intermediate term, with long term buy.
Could you give me your take on this issue? The guarded forward guidance given by management that is.
Thanks,
Lane
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