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POPSNails on ITWO i2 Technologies took a beating on Wall Street last week, losing 30 percent of its share value after announcing earnings of 13 cents a share on revenues of 65 million dollars. Analysts had expected earnings per share in the 22 cents range. i2 subsequently announced the retirement of CEO Michael McGrath as a result. The column below is by Lenny "Nails" Dykstra, who is now a columnist for TheStreet.com. I find it entertaining that a guy who played "all out" for the Philadelphia Phillies and New York Mets is now a Wall Streeter. The most vivid memory of Dykstra I remember was the 1993 World Series when TV cameras showed Dykstra, then with the Philadelphia Phillies, sitting in the dugout next to manager Jim Fergosi. Dystra was smoking a cigarette and chewing tobacco...at the same time! The dude was crazy then and may still be. He things i2 is a good buy. Maybe I'm crazy too. I agree with him! i2's product line is solid and they continue to grow in customer base.
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POPSTop Supply Chain Opportunities in 2007 Nice article discussing possibilities of manufacturing coming back "onshore" and trade agreements etc. What goes around comes around. Especially if China floats its currency.
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POPSFire Your Bad Clients! Not every client is a good client. The advice in this column applies to both small companies and mega corporations a like. Firms that are losing money should consider this strategy early.