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To: GST who wrote (120468)3/15/2001 2:59:22 AM
From: H James Morris  Respond to of 164684
 
Gst, Seriously, if you want to meet him this is what i'd do.
Send him a e-mail telling him you're a significant ITWO shareholder, and before you decide to invest more you'd like to meet him while you're in Tokyo.
Your e-mail will probably be answered by his administrative assistant then just coordinate the meeting thru the AA.
Make sure you tell the AA you do not want to consume his time and a 1/2 hour meeting would suffice.
Its very rare when i've introduced myself as a shareholder a request like that has been turned down.
Can you speak Japanese?
>TOKYO, Mar 13, 2001 (BUSINESS WIRE) -- i2 Technologies, Inc. (Nasdaq: ITWO chart, msgs) today announced that Sam Nakane has been named chairman, president and CEO of the company's Japan operations. He has also been named a senior vice president of i2 Technologies, Inc.

"Sam Nakane is the perfect person to lead i2 as it expands its reach even further into Japan," said Sanjiv Sidhu, i2 chairman and CEO. "He has a wealth of experience in supply chain and business-to-business e-commerce, as well as a tremendous knowledge of the Asian market. We anticipate that he will quickly make an impact by building strong relationships with employees, customers and alliance partners."

The appointment of Nakane, as well as the company's plans to invest extensively in a development center in the region, confirms i2's commitment to growing its business significantly in Japan. "This region is on the verge of an e-business explosion and is critical to our future growth. There is no one better than Sam Nakane to deliver the i2 solutions and value to the businesses of Japan," continued Sidhu.

"The timing is right, the i2 TradeMatrix Solutions are world class, and best of all the i2 value proposition and approach to the customer is second-to-none," said Nakane. "I am excited to join a company that has such a strong customer focus. Instead of walking into a business and dictating to the customer what they need, i2 listens to what the customer wants and then delivers. Speaking from experience, I know of no company as committed to delivering value to the customer as i2."

Nakane joins i2 from PricewaterhouseCoopers where he had been a managing partner since December 1999. At PricewaterhouseCoopers he was e-business leader for Japan and B2E leader for the Asia Pacific Theater. His former manager looks forward to continuing to work with Nakane in his new position.

"Sam Nakane is highly regarded throughout Japan and he will immediately make an impact at i2," said Hideki Kurashige, CEO of PricewaterhouseCoopers Consultants, Co., Ltd., Japan. "He understands the unique Japan market and business climate, which will allow i2 to immediately take advantage of the significant opportunities in the region today and over the next decade."

Kurashige also expressed his pleasure in working with Nakane to grow the PricewaterhouseCoopers and i2 alliance. "i2 is one of our important strategic partners, especially in Japan, and there is tremendous opportunity to help strengthen the Japanese economy and enhance individual enterprise leadership. With Mr. Nakane in this position we will be able to strengthen our alliance with i2 in Japan."

Prior to his position with PricewaterhouseCoopers, Nakane worked for SAP. There he led SAP's efforts in Japan from its very beginning, working as President and CEO of SAP Japan from 1993-96. In 1997 he was named CEO of SAP North East Asia, covering the Japanese, Korean and Taiwanese markets. In 1999 he was named SAP Senior Corporate Vice President, responsible for the SAP Global Internet Strategy.

Prior to joining SAP Japan, Nakane served in various management positions with IBM including Tokyo branch manager, regional manager for Distribution Industry Japan, executive assistant to the president of IBM Asia Pacific, director of Plans and Controls for IBM Japan's Marketing Operations, and director of Strategy for Services Business. In total, Nakane spent over 20 years with IBM; four of which were spent in IBM's Corporate Headquarters in New York.

Nakane received a bachelor's degree in electrical engineering from Tokyo Science University in 1971. He is a member of Keizai Doyukai (Japan Association of Corporate Executives). Since 1996, he has been a Managing Director of the Japan Management Accounting Association. He also serves as an external director on the board of the e-business division of the largest retail company in Japan.



To: GST who wrote (120468)3/15/2001 3:47:59 AM
From: H James Morris  Respond to of 164684
 
Gst, good luck to you when you go to Tokyo next week. I hope a Japanese bank is left standing by the time you get there.
>Last Update: 12:32 PM ET Mar 14, 2001


TOKYO (CBS.MW) -- Ratings agency Fitch placed the individual ratings of 19 Japanese banks on "Rating Watch Negative" amid growing concern over plunging equity markets, diminishing asset values and the quality of the banks' capital.

The New York-based credit rating agency said the banks' long-term ratings are unaffected by this action and are generally stable in view of strong government support.

"The review of the banks' individual ratings will focus on the impact on capital and performance from falling share prices and the capacity of each bank to write off problem assets in view of the weakening economy and suggestions of a more aggressive stance being taken by regulators," Fitch said in a research note to clients.
Fitch acknowledged that Japanese banks have been struggling with these issues for some time and added "the agency is increasingly concerned that the final resolution of their severe asset-quality problems will be further delayed unless there is some form of government intervention or dramatic improvement in their operating environment."

Fitch's move comes in the aftermath of increasingly pessimistic assessments of the Japanese economy offered recently by Finance Minister Kiichi Miyazawa.

The Japanese economy, the world's second-largest, remains mired even as the Bank of Japan slashes interest rates. The central bank lowered rates twice in past 30 days, dropping its discount rate and target rate to 0.25 percent and 0.15 percent, respectively.

Earlier in the month, Fitch changed its outlook on Japan's "AA+" long-term local and foreign currency rating from "stable" to "negative" to reflect swelling concerns over the country's economic prospects.

The Japanese government reported early Wednesday that the country's current account surplus plummeted in January. The current account surplus -- the broadest measure of trade with the world -- fell 60 percent in January from year-ago levels to 249.6 billion yen ($2.09 billion).

The banks designated as "Rating Watch Negative" by Fitch are: Asahi Bank, Ashikaga, Bank of Tokyo-Mitsubishi, Bank of Yokohama, Chiba Bank, Chuo Mitsui Trust & Banking, Hokuriku Bank, Mitsubishi Trust & Banking Corporation, Mizuho Holdings, Dai-ichi Kangyo Bank, Fuji Bank, Industrial Bank of Japan, Yasuda Trust & Banking Co. Ltd, Sakura Bank, Sanwa Bank, Sumitomo Bank, Sumitomo Trust & Banking, Tokai Bank and Toyo Trust & Banking.

As the other major ratings agencies do, Fitch uses "Rating Watch" to indicate the possibility of ratings changes. In the case of the 19 banks, Fitch may elect to downgrade their ratings if circumstances warrant.

U.S.-traded shares of Bank of Tokyo-Mitsubishi (MBK: news, msgs, alerts) tumbled 11 percent in recent action to $8.47. Earlier, Bank of Tokyo-Mitsubishi dropped 7.4 percent to 1,045 yen in Tokyo trading.




Also in Japan, shares of Daiwa Bank plunged 7.3 percent to 153 yen and those of Sakura Bank (SAKUY: news, msgs, alerts) tumbled 10 percent to 576 yen.

Tokyo's Nikkei Average closed higher, however, as investors snapped up some of the tech shares that sustained the greatest damage in recent months, ending at 11,843.59, up 0.2 percent. See story.

The U.S. dollar rose 1.1 percent against the yen to 120.93 yen.



To: GST who wrote (120468)3/15/2001 9:18:07 AM
From: Glenn D. Rudolph  Respond to of 164684
 
Power in Mew Yor worth reading:

interactive.wsj.com