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COPYRIGHT 2005 The Dallas Morning News
Byline: Crayton Harrison
Aug. 25--FARMERS BRANCH -- Michael E. McGrath came out of retirement for a job that very few people wanted. He just hated to see good technology go to waste, he says.
Now he's trying to create a brighter future for long-suffering software maker i2 Technologies Inc. His predecessor as chief executive, i2 founder and chairman Sanjiv Sidhu, was never able to pull his beloved company out of its doldrums. I2's software helps companies adjust to changes in supply and demand. The technology held huge promise in the days of the Internet bubble, and its stock price soared in 2000. But the dot-com bust, an accounting scandal and fierce competition took their toll. Sales were declining, and the gap between i2's cash and debt was growing too large.
"We would take calls all the time from existing customers or new customers evaluating i2, and the first questions was always, 'Are they going to make it? Are they going to be around? Are they viable?' " said C. Dwight Klappich, an analyst at Gartner Inc.
Mr. McGrath, 56, retired last year from the management consulting firm he co-founded and joined i2's...
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