Market Gems:Stocks w/Strong Earnings and High Tech. Rank Message Board

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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Ron who wrote (102265)	6/14/2000 12:08:00 PM
From: puborectalis	of 120523

CMRC investment a good sign......SAP TO TAKE COMMERCE ONE STAKE SAP said it would take the stake in Commerce One as part of a series of agreements it had reached with the U.S. software group to provide a one-stop shop for e-business marketplace services. SAP did not say what share of Commerce One's capital the $250 million stake was equal to but said the two companies would share royalties from the marketplace venture over the three-year term of the agreements, which had yet to be finalised. The German group said that under the agreements, Commerce One would provide e-business marketplace infrastructure that enables companies to establish and operate trading portals while it would provide applications. The deal comes as SAP seeks to win market share in the e-business services sector from aggressive competitors such as Oracle Corp. (NasdaqNM:ORCL - news) and Siebel Systems Inc. (NasdaqNM:SEBL - news).

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