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 -- Ignore unavailable to you. Want to Upgrade?


To: Lizzie Tudor who wrote (2128)1/4/2002 2:25:44 AM
From: P314159d  Read Replies (1) | Respond to of 2339
 
New here, and I like the conversation on this site.

Pessimism from the 2000/1 fall is good for new investments if the company can survive. I happen to like ITWO, not because I know its products or its comp. well, I buy late year debacles on the cheap for value and stocks with low base breakouts on good volume. All 3 stocks mentioned lately qualify, ITWO MANU and ARBA (throw in CMRC ).

I think the future bodes well of ITWO simply because the smart money ( large blocks have crossed the tape for every pullback) has been buying this sub 5 range and again in the 5.5 to 7.5 band. On balance Volume is plus 250m shares which is the highest level since early 2001. While I won't expect a move to those levels, it is clear to me that the 20s is doable in the coming months. Now the comparison with MANU is interesting. Given MANU valued at 50 times tangible book and ITWO at 4.5, I think ITWO has plenty of room. I would say this stock is more than a hold but a solid buy, with only a small level of resistance in the 10s, it should reach big numbers rather soon.

I look forward to it and I hope everyone else here does as well.