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Technology Stocks : Manugistics, Inc. (MANU) -- Ignore unavailable to you. Want to Upgrade?


To: Amsterdam who wrote (1099)12/22/1998 6:57:00 PM
From: WTSherman  Read Replies (2) | Respond to of 1670
 
It looks to me that this all fits together very well. Cline spent big $ to up his ownership,but, couldn't do that with specific knowledge about a takeover. However, he must clearly have understood that their bottom line was going to go upside down. With control of at least 17% of the shares, I would think he's in a pretty strong position to move this ahead and he has perfect rationale for the SEC(I didn't know the quarter would be this bad, so we had to make a quick sale). The other possibility is that Cline and his group make an offer(probably a lowball) to take the company private.

Tomorrow may actually be an interesting opportunity. I think the stock will be hit hard in the early going and then may turn around as speculators buy in on the takeover possibility. My guess is that the company is taken out fairly quickly for $17-20. IMO only...



To: Amsterdam who wrote (1099)12/23/1998 8:33:00 AM
From: cm  Read Replies (1) | Respond to of 1670
 
Read George Gilbert's CS Recent First Boston Report On ITWO...

He says that SAP's Lee, the guy in charge of SCM, got canned
because he was very actively seeking an SCM acquisition to speed
SAP's time to market. I believe that SAP was sniffing around MANU in the past month. I also believe that one can take SAP off any short
list of possible suitors.

IMHO,

c m