I haven’t done the analysis on i2 Technologies or JDA Software Group to find out if they are a Good, Fair or Poor company. I don’t have to since they just merged and since the merger is great than 10% of both companies, they violate the Confident Investor first rule regarding mergers or divestitures – never invest in a company that changes its size more than 10% with a merger or divestiture.
While the merger may be logical and offer great value to the company and its customers, a merger of this size simply is too difficult to do well. A Confident Investor cannot confidently invest in the resulting company until things settle down a bit.