Well it seems that ISYS is waiting for news...maybe it's round the corner !

SSA leads chase to buy Baan

2 May 2003 SSA Global Technologies will shortly conclude the purchase of Invensys' Baan software subsidiary, according to mounting rumours circulating in the City of London.

The revitalised enterprise resource planning (ERP) software vendor SSA GT is set to conclude a deal within weeks for Baan — and for radically less than the $708 million that Invensys, the troubled engineering conglomerate, paid for it in 2000.

SSA GT is awash with cash after raising $75 million from venture capital group General Atlantic Partners just last month. CEO Mike Greenough's plans to make SSA GT a $400 million company by July 2003 are well known. It even retains a head of acquisitions to research potential opportunities.

Both Baan and SSA GT were once top five ERP software vendors.

In April 2002, SSA bought the Interbiz ERP division of Computer Associates, but its revenues still run far short of Greenough's target. In the second fiscal quarter to the end of January 2003, the company posted revenues of $64 million, up 55% on the same period a year earlier.

System Software Associates (SSA) was one of the stars of the early enterprise resource planning (ERP) software sector, but sales collapsed dramatically in the mid-1990s following the botched introduction of new product.

Called BPCS 6, the package was bug-ridden and, before those bugs had been ironed out, the company tried to force users into upgrading. That led to a fall in sales and a crisis of confidence from which it never recovered.

It filed for Chapter 11 bankruptcy protection in 2000 and the assets were purchased by Gores Technology Group in July of that year. In May 2001, another venture capital investor, Cerberus, took a majority stake in the company.

http://www.infoconomy.com/pages/news-and-gossip/group78868.adp

ISYS UP some 20% over last four days

Time to take a look

Next ashtead in the making?

I had a look and I am back on board.

Driver.
I know its volatile,but its breaking out.

GOOD LUCK

After 25p it will be a safe buy. It may still fall to 20p.

AHOJ

Would you mind explaining why you think that @25p

Really interested and always learning,is that from the charts that you have reached this conclusion?
Many thx

yep plus gut feeling etc. 25p has been tested many times. But it should move another 15% to get there. You may like to take the risk and buy now. All IMHO .... DYOR etc. Can you share your views?

AHOJ,
I bought @18 sold @19.75

In yesterday again @20.25 BUt will stay with it,i have a feeling this is going to do an ASHTEAD over the next couple of years.Remember aht? i thought i did well buying @2 selling @67 NOW 2 ish

stay with it,if the pension deficit gets sorted out and i believe it will,as all companies are on the bandwagon,i think it will easily hit 30 short term. But i am staying with this one unless there is any BAD news of course by the time we get to hear about it,its usually too late anyway!

Good luck

LONDON (AFX) - Shares in Invensys PLC extended recent gains in late
morning
trade as Dresdner Kleinwort Wasserstein upgraded the stock to 'hold' from
'reduce', raising its price target to 21 pence from 5, dealers said.
In a report to clients, Dresdner highlighted its optimistic outlook for the
sector in 2006. Dresdner thinks G7 GDP growth should step up and noted US peer
order trends are showing an acceleration and key end markets (oil and
gas/mining) will increase capex growth in 2006.
In Dresdner's view, these sector trends should benefit Invensys this year,
noting that Invensys has good exposure to the oil and gas end market through
its
Foxboro business.
Despite the upgrade, Dresdner stressed that its main concerns over the
quality of the business remain, in particular the company's exposure to the US
consumer through its appliance controls business, which also has tough
competition from low cost competitors in China.
Moreover, Dresdner cautioned that Invensys' balance sheet position is
still
stretched with net debt of 690 mln stg and a pension deficit of 540 mln stg.
Earlier this week Standard & Poor's raised its outlook to 'stable' on
Invensys, having had a negative stance for several years.
At 10.56 am, shares in Invensys were up 1 penny, or 4.7 pct, at 22, while
the FTSE 250 was 18.5 points higher at 8,946.5.
newsdesk@afxnews.com

bright future ahead of it, so stick wit it

This is good news
Standard Life Investments have increased their holding by 340 million +
http://moneyam.uk-wire.com/cgi-bin/articles/200601161455479894W.html

Up 5% @close fri,Seems to be holding steady @21p level,still off its recent high 23p,
Where to now,Holding and hoping,any thoughts driver would be most appreciated good or bad.

capetown
I'm holding but don't know why or even why I bought, now on the back burner till they hit 100p one day.

That will be one hell of a day!!
Hope you are right

Chart looks good heading up slowly but surely.

Interseting that it closed up,with markets down,and more sells than buys

Interesting ,to early to spell !!

Up she goes,nice and slow

And up she goes again

Small article in shares today,
technicall analysis sugests short term move to 40pence

Fill ya boots

capetown
Thanks for that and a new Finance Director can't be bad.