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Technology Stocks : Ariba Technologies (Nasdaq-ARBA)

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To: $Mogul who wrote (419)10/19/1999 4:56:00 PM
From: Greg S.  Read Replies (1) of 2110
 
I'm actually surprised they didn't announce a split. The stock is so damn volatile and expensive .. I just don't get it. Ah well, I still think the shares are worth holding.

Flat aftermarket is a much better sign than a selloff, I suppose. Sell the news? They beat the whisper numbers and announced a deal with Dow chemical! This stock is close to its high but that's some tough news to sell on. I think ARBA was in line with what the market really expected: "better-than-expected" earnings and some great announcements.

-G
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