Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Markets & Finance

Pacific Crest Boosts i2 to 'Buy'


Pacific Crest upgraded i2 Technologies (ITWO) to buy from market perform.

Analyst Brendan Barnicle says his talks with channel sources indicated the beginning of an uptick in the supply chain generally and i2 specifically. He also cites recent news from i2 on deals with Procter & Gamble, Kraft, and Halliburton, giving him the conviction that things are getting better. He notes channel checks also show i2 is more successful at smaller deals, which was one of the prior criticisms of the company (i.e., it was too dependent on large deals.)

Barnicle notes i2 has changed its commission structure to increase incentives for smaller deals. He sees a $0.06 Q2 loss, breakeven for 2001, and $0.26 EPS in 2002. He has a $30 12-month target.


LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus