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Technology Stocks : Ariba Technologies (Nasdaq-ARBA)

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To: stockman_scott who wrote (59)	6/22/1999 11:18:00 AM
From: Mohan Marette	Read Replies (3) of 2110

Ariba is a boring ERP company in disguise,according to ZDII,who knew! Check this out scott. ========================== June 22, 1999 7:31am THE DAY AHEAD: Ariba is a boring ERP company in disguise By Larry DignanTDAIN ZDII Ariba Inc. (Proposed ticker: ARBA) is mentioned by analysts as one of the "no brainer" IPOs of the week because it is one of those software/Internet infrastructure companies that fare pretty well. If you buy that thinking, you might want to read the regulatory filings. Granted, Ariba should do well in the market. Morgan Stanley Dean Witter is the lead underwriter for Ariba's just-increased offering of 5 million shares, which are scheduled to price tonight between $20 and $22 a share. But once you strip away the "Internet-based business-to-business electronic commerce solutions for operating resources" tagline the company sounds a lot like an enterprise resource planning (ERP) company. If it walks like an ERP company, sounds like an ERP company and has all the risks of an ERP company, chances are pretty good it's an ERP company.... zdii.com

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