Brad Reback Quotes (4 Quotes)

I don't think there's any company-specific news on i2 today (Wednesday). I think it's just the case of a broad rally in the software group.

This Microsoft news is going to take a little while for the markets to digest, but there are a lot of tech reports due in the next few weeks, companies that could offer more positive guidance.

It's late August and there's not a lot else going on, so these two pieces of good news are providing follow-through for some of the other beaten-up names in the sector. Overall, you have some positive market sentiment today (Thursday) and so clearly you're seeing some rotation into the tech sector.

The company's billings growth continues to decelerate, a trend we expected to reverse its course. Given that the company's billings directly impact the company's cash flow trends, this deceleration concerns us.