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 SynQuest (SNYQ)
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| Author | Topic: SynQuest (SNYQ) |
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InvestorGuide Daily Administrator |
posted 08-15-2000 06:30 PM
 
Business Software maker Synquest (SYNQ): priced at $7, opened at $6.5, closed at $7, and raised $35 million. |
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Mayor of Investorville Administrator |
posted 05-30-2000 01:13 PM
The company generates about 55% of its sales from integration, maintenance, and other services related to its One2One software. The One2One suite is designed to boost a large company's supply chain operation performance, in areas such as lead and idle time reduction and inventory assembly coordination. SynQuest's customers include Ford Motor Company, Nordstrom, and STMicroelectronics. The company is pinning much of its growth on strategic alliances with resource software specialists such as J.D. Edwards, and by expansion into international markets. The company plans to go public soon and hopes to raise $75 million (source: SEC filing). |
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