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i2 Technologies falls despite decent 2Q results

i2 Technologies Inc. (Nasdaq: ITWO) tumbled 9 1/32, or 21 percent, to 33 7/16 Thursday after Prudential Securities downgraded the stock following its second quarter earnings report.

Prudential cut the stock from an "accumulate" recommendation to "hold" after it reported a profit of $8.5 million, or 11 cents a share, on sales of $131.4 million.

First Call consensus expected a profit of 11 cents a share.

The $131.4 million in sales represents a 57 percent jump compared to the year-ago quarter when it made $566,000, or 1 cent a share, on sales of $83.5 million.

Its shares moved up to a 52-week high of 48 3/8 earlier this month after falling to a low of 9 ? in October.

Twenty of the 25 analysts following the stock rate it either a "buy" or "strong buy.">